In GSTR -9C Table 14, do we have to mention value of all the expenses or only the value of expenses where we have taken GST credit?
Menu
Gstr 9c - table 14 itc
Replies (3)
Most probably all the expenses, because they have given a head for salaries and salaries are out of scope of gst. So the intention seems to take all expenses
Table 14 instruction provides "reconciliation of ITC declared in the Annual Return (GSTR9) against the expenses booked in the audited Annual Financial Statement or books of account" So consider to declare 9 months consolidated data on which ITC is declared in GSTR 6. Since the list is illustrative this methodology can be considered.
So you are saying that only expenses where we have availed gst should be considered? @ Nandhini H Gupta
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
