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Reg: Turnover difference

harish kumar   25 January 2020

harish kumar

 2 likes  156 points

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dear sir,
as per my financial statements
taxable turnover is 100 & exempted (bank interest, agricultural income, sale of land) is 50..

total turnover : 150/- as per financial statements..

but only on 100/- I had paid tax and shown as turnover under GST..

IN GSTR 9C.. when iam doing turnover reconciliation IAM getting unreconciled difference of 50/-..

can I mention reason as it is exempted in GSTR 9C???

please need in urgent...


Jhalak Chhajed   25 January 2020

Jhalak Chhajed

 3 likes  37 points

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Yes agriculture income is exempted in gst of land in accordance with schedule 3 is not covered under the definition of supply


RAJA P M ("Do the Right Thing...!!!")     25 January 2020

"Do the Right Thing...!!!" 
 8125 likes  111373 points

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Better to show it as Non-GST supply column...

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