REFURBISHED MOBILES SALES

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Accountant
149 Points Posted on 21 March 2023
Dear Experts,
My query is not soved by any experts
pls solve my problem.
my query is in B2C Supply of refurbished mobile phones:-
total value = 200000
taxable value= 40000 (Profit Margin)
invoice value= 240000
how will take this figure in Gstr-1
1 reply by experts= take 40000 in b2c others column only and no figure anywhere in gstr-1
1 reply by experts= take 40000 in b2c others column and also take 200000 in exempted sale column in gstr-1.
Please solve my query i am getting very confused about above replies and which reply is correct...?
Thanks in advance..
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On 21 March 2023 at 11:34 Report
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Quick Summary
This discussion clarifies how to report sales of refurbished mobile phones for GST purposes. It addresses confusion regarding the correct placement of the profit margin (taxable value) and the total sales value within the GSTR-1 filing, specifically for B2C transactions.

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Profession
28261 Points Posted on 26 March 2023
Exempted sale 200000 column in gstr1
1 Reply
On 26 March 2023 at 12:31
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2 Points Posted on 05 June 2023

Thank you for sharing this informative and well-structured blog post. The topic you covered is relevant, and I found your explanations to be clear and concise. To explore more, click here.

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On 05 June 2023 at 09:43

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