Dear Experts,
my Client has medical shop registered under composition where no proper accounting is done.
we are paying 1 % of the turnover.
pls guide whether it is mandatory to give purchase details in GSTR 4?
Menu
GSTR 4 ANNUAL RETURN 2020- 21
Replies (7)
Quick Summary
Yes , you require to give purchase details in GSTR 4 .
But the purchase records are not maintained
Yes it is mandatory for all composition dealer
But sir Notification no. 60 of 2018 says that no need to put the details of purchase from registered persons
From 1/4/2019 it is mandatory to give purchase details .
Also you can check bank entries to find out purchase details , as you may have paid through bank to your Creditors . Also check cash payment if any record .
Also you can check bank entries to find out purchase details , as you may have paid through bank to your Creditors . Also check cash payment if any record .
Thanks sir for your valuable response 🙏🙏
Yes it is mandatory to give purchase details in GSTR-4
Recent Topics :
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
Related Topics :
CAclubindia
