In form 3cb 3cd i.e audit there is Cenvat credit/ itc pt no.27(a)
Please tell in this point what to do
Menu
Audit report
Replies (4)
Quick Summary
Details of total GST ITC availed of or utilised during the previous year and its treatment in the P&L and treatment of outstanding GST ITC in the balance sheet is to be reported.
If there is no treatment in Pl then can we leave or we have to put amount and in PL value will be nil??
You can Give note like " The assessee follows the exclusive method of accounting for GST in the books of account" ..or.."Not routed through Profit & Loss Account"
Ok thanks
Recent Topics :
- Bank balance in ITR-3
- INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
- Tempsens Instruments IPO GMP Allotment Listing dat
- Upload Type - Correction. Not showing in TDS filli
- Partnership tax audit query
- ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
- Form 146 foreign remittance us citizen
- GST 16(2) notice
- Which GSTR-1 upload error do you hit most often?
- Need advice regarding accounting fees
Related Topics :
CAclubindia
