Gold jewellery closed stock rate 31st March

A registered jewellery business dealer year ending March,31 St gold jewellery rate calculation market rate report in it returns years. 2018-19,2019-20,20-21,21-22 .if gst department audit conduct gold jewellery closed stock rate March,31st average rate calculation.
average rate calculation turnover market rate calculation turnover difference turnover suppression sales turnover treatment tax and penalty imposed.
question:
dealer difference turnover tax imposed compulsory
Replies (3)
Quick Summary
This discussion focuses on the calculation of gold jewellery closed stock rates as of 31st March for tax return purposes. It covers how the GST department might audit these rates, the methods for calculating average rates, and the potential consequences of turnover differences, including tax and penalties.

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