Gold jewellery closed stock rate 31st March

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B.com
3025 Points Posted on 29 May 2023
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
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On 29 May 2023 at 13:32 Report
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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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accountant
46 Points Posted on 29 May 2023
Couldn't understand your query.
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On 29 May 2023 at 18:59
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Pivate
1492 Points Posted on 29 May 2023
Could you elaborate
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On 29 May 2023 at 21:50
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GST Practitioner
55067 Points Posted on 03 June 2023
Plz post your query with Example.
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On 03 June 2023 at 23:34

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