Party's accounts settled under Vatav&Kasar at the end of the Financial Year. But Credit/Debit Note for the same has not been issued. The same appears in the credit side of Profit & Loss A/c
Would I need to pay GST on this amount as I have instructed by the Oficer to.do so at the time of on-site GST Audit?
Menu
Accounts Settlement in Vatav/Kasar
Replies (1)
Yes if it's fulfills the condition prescribed in Section 15 of CGST Act
Recent Threads
- Schedule 112A CSV template
- RNOR status and exemption on RFC account interest
- Upload error for ITR 2 filing after validation
- CCI Forum gets fresh Look ! Share your views
- Presumptive taxation 44AD BLOCK PERIOD
- FORM 27Q FILING
- TDS for Advance Maintenance
- GST on product purchased at MRP
- TDS on Joining Bonus
- How to complete form10E Table details for the year
Related Threads
CAclubindia
