Menu
GSTR- 9C RELATED
My turnover is exceeding 2 cores with including Non- gst supply (petrol). Otherwise not exceeding 2 cores. Can I eligible for GSTR-9C... Or Not........
Replies (2)
First of all as per Sec 2 of CGST Act,2017 turn over includes non-gst supply but other than reverse. So here ur turnover shall consider as exceeds 2 crores and u are eligible GSTR-9C also.
Yes. You have to file Reconciliation Statement and Audit Report i.e. FORM GSTR-9C.
AGGREGATE TURNOVER as defined u/s 2(6) of the CGST Act 2017, includes "EXEMPT SUPPLY".
And EXEMPT SUPPLY as defined u/s 2(47) of the CGST Act 2017 includes Non-Taxable Supply.
Hence you have to consider the Non-Taxable Supply ( sale of petrol, diesel, ATF etc ) while computing Aggregate Turnover.
Hence you are required to comply with the Provision of Section 35(5) of the CGST Act 2017 read with Rule 80(3) of the CGST Rules 2017 i.e. "GST AUDIT" by a Chartered Accountant or a Cost and Management Accountant.
Warm Regards.
AGGREGATE TURNOVER as defined u/s 2(6) of the CGST Act 2017, includes "EXEMPT SUPPLY".
And EXEMPT SUPPLY as defined u/s 2(47) of the CGST Act 2017 includes Non-Taxable Supply.
Hence you have to consider the Non-Taxable Supply ( sale of petrol, diesel, ATF etc ) while computing Aggregate Turnover.
Hence you are required to comply with the Provision of Section 35(5) of the CGST Act 2017 read with Rule 80(3) of the CGST Rules 2017 i.e. "GST AUDIT" by a Chartered Accountant or a Cost and Management Accountant.
Warm Regards.
Recent Topics :
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
Related Topics :
CAclubindia
