Exempted sale

250 views 5 replies
Dear sir

I have not reported the exempted sales in the gst returns. can I show in our income tax and will not have to face any problem in this
Replies (5)
For which F.Y you have not reported exempted supply in GST return.?.
Financial year 2021-22

You Can show exempt supply in GSTR9( Table 5) in Annual return F.Y 21-22 , so that  your Income tax and GST  turnover will  tally . 

Dont worry akhilesh.
you show all your turnover in income tax returns.
it wont lead to additional GST payment as non reporting of exempt turnover in gst return does not usually have any impact on gst liability except in case of apportionment of common itc.

you may want to consult some expert about common itc apportionment.
if you had any common itc then it would be better if you didnt show your exempt turnover in itr
Declare such sale in annual return

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details