DEPB/MEIS sale to be shown under exempted sale or zero rated sale or Nil rated sale ?
kindly suggest me.
Regards
P Srinivas
Kakinada.
Menu
GSTR 1
Replies (2)
Credit Scrips are specifically covered under gst rate schedule as nil rate.
Thus shall qualify as exempt supply only i believe for which reversal is must.
Thus shall qualify as exempt supply only i believe for which reversal is must.
As per section 2(47) of the CGST act , 2017, it is exempt sales since it is nil rated.
Recent Topics :
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
- Mismatch in 26AS
- How Can a Trader Utilise Approximately ₹1.20
- How Can Law Students Present Papers at Conferences
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
Related Topics :
CAclubindia
