if agent supplies goods on his own business as well as principal's goods then agreegate turnover of his own business as well as principal's goods will be considered total turnover of agent for registration purpose under section 22..
my question is why principal's goods are included in agent's agreegate turnover???
it should be considered in principal's agreegate turnover..isn't it???
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Agreegate turnover for registration under gst
Replies (7)
Quick Summary
Principal's goods may not form part of agent turnover for the purpose of GST registration
Yes..exactly.. but my book says it....
it may be printing mistake...
it may be printing mistake...
Are you using any accounting software
@ Chaitri,
Check out the delivery details, may be principal's good send through Sales.
It's may be calculated the Turn Over...
Check out the delivery details, may be principal's good send through Sales.
It's may be calculated the Turn Over...
Chk all the documents.
You may consider only agents own sakes
Okay...thanks to all....
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