Menu
GST turnover
is for the purpose of audit taxable turnover is taken for whole year or for 9 month I.e only gst period?
Replies (5)
Quick Summary
GST period
2017/2018 GST from 01/07/2017 to 31/03/2017, if your 9 months t/o less than 2.00 crs is your own option to file GST 9, If your t/o in 9 months morethan 2.00crs, your Auditor has to file annual return in GSTR 9C.
Gst law says that turnover during the f.y ( not gst period) so it is question of interpretation of statue?
Aggregate Turnover of Rs 2.Cr should be considered annually.In 9C , in reconciliation statement Turnover from April to June will be deducted to reconcile with G.S.T Turnover.
As per notification released by CBIC JULY to MARCH need to be considered.
Recent Topics :
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
Related Topics :
CAclubindia
