Dear All,
Please guide me in below mention taxation situation-
Suppose I had made Scrap Sales and make the GST payment of this transaction through DRC-03 then whether should I report the DRC3 in GSTR 9 or Not?
Regards
Tushar Sharma (MIS cum Accounts Manager and Senior Internal Auditor) (38 Points)
23 February 2022Dear All,
Please guide me in below mention taxation situation-
Suppose I had made Scrap Sales and make the GST payment of this transaction through DRC-03 then whether should I report the DRC3 in GSTR 9 or Not?
Regards
prasad Nilugal
( GST Practitioner & Accounts )
(14167 Points)
Replied 23 February 2022
Tushar Sharma
(MIS cum Accounts Manager and Senior Internal Auditor)
(38 Points)
Replied 23 February 2022
Dear Sir,
Thankyou for valuable guidance, one more question where should I report the DRC03 scrap sale turnover and Tax Payments in GSTR9, has I was unable to found any particular field to report DRC03.
Regards
prasad Nilugal
( GST Practitioner & Accounts )
(14167 Points)
Replied 23 February 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14167 Points)
Replied 23 February 2022
You also have to pay interest on scrap sale Invoices for late reporting in GSTR9 of which you made payment through DRC03 . if you have not added Interest amount in earlier payment through DRC03 , then again you have pay Interest amount through DRC03 in GSTR9 .
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