Hello,
April 2022 to feb 2023, we have filed gst return in which taxable value is Rs. 1,43,00,000. In March 2023 we have raised invoices of Rs. 49,20,500 in which gst @ 18% is Rs. 8,67,690. but not taken in march 2023 due to deficiency of funds. March invoices taken in April 2023 Gst returns.
In Annual Aggregate turnover we should taken Rs. 1,42,00,000 + 49,20,500( Rs. 1,92,20,500) or only Rs. 1,43,00,000.
In income tax sales/receipts turnover should consider as Rs. 1,43,00,000 + 49,20,500 ( Rs. 1,92,20,500) or only Rs. 1,43,00,000.
please guide me.
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Annual aggregate T.O
Replies (2)
Were you not taking those invoices ( march month's ) ??? at the gst portal or in the books ?? You said that the march month's invoices taken in april 23 it means at the gst portal , right ?? If my understanding is correct, then no issue showing those invoices on april 23 but where you were shown ? in B2B or B2BA is the most important . If it is a march month's invoice then you will have to club 1.43 Cr. as far as concerned about the turnover consideration.
When you entered March 23 invoices in the Books of Accounts ?.
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