Does turnover in gstr 9 include gas subsidy

Ranga raj (still studying) (122 Points)

27 January 2020

does turnover in gstr 9 include gas subsidy ?

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5 Replies

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 28 January 2020

No........ it's not an income

RAJA P M ("Do the Right Thing...!!!") (127334 Points)
Replied 28 January 2020

No... It's not into business.

But,
Why You ask this question...?
Are You account the subsidy in Your business books of accounts ?

Ranga raj (still studying) (122 Points)
Replied 28 January 2020

Yeah my client is a sole proprietor

RAJA P M ("Do the Right Thing...!!!") (127334 Points)
Replied 28 January 2020

If it's added into the books of accounts then show the same as "NON GST SUPPLIES" annual return.

Ranga raj (still studying) (122 Points)
Replied 28 January 2020

Thank you Mr Raja

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