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...
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Reg: Turnover difference
Replies (2)
Yes agriculture income is exempted in gst ..sale of land in accordance with schedule 3 is not covered under the definition of supply
Better to show it as Non-GST supply column...
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