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Regarding GST Turnover

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Rajat Sharma

Accountant

647 Points Posted on 15 December 2020

Sir I am an small dealer and having GST No. and I have made the purchase and sales th my GST No and maximum purchase made without GST No. in my form no 26 AS my turnover is Rs.3.00 Lac,whereas my gross turnover without GST is Rs 10.50Lac, sir please guide me how to show my gross turnover in Income tax return made th GST and otherwise. Thanking you.

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Quick Summary

This discussion addresses a small retail dealer's query about reporting their GST turnover in their Income Tax Return. The dealer has a GST turnover of Rs. 3.00 Lac but a gross turnover of Rs. 10.50 Lac, with most purchases made without a GST number. They are seeking advice on how to accurately declare both GST and non-GST related turnover in their tax filing.