GST SUPPLY and Accounting turnover

Is it mandatory to consider all Gst supplies as accounting turnover in statement of profit or loss?
please advise.
Replies (3)
Quick Summary
This discussion clarifies whether all GST supplies should be treated as accounting turnover in the profit and loss statement. It explores the accounting treatment for deposit work, suggesting it might be recorded as a liability and executed work as an asset without impacting the profit and loss account directly. The consensus is that GST supplies should indeed be considered accounting turnover, particularly for reconciliation purposes in GSTR 9C.

Yes.. In ITR, there is a column for GST outward supplies made during the year....
No sir i m telling in accounting point of view. Can i treat deposit work as a liability and work executed as a asset in balance sheet without routed through it profit and loss. What will be its GST treatment. pls advise
Yes because it should be reconciled in GSTR 9C

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