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Sale of Machinery under GST

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I was filing income tax return of my client under sec 44AD. His actual turnover is Rs 70,00,000. But when compared with GST his turnover comes out to be Rs 82,00,000. His GST turnover includes sale of Fixed Asset on which he has paid GST. So should I Include the turnover of Rs 12,00,000 while filing GST return.

 

Please answer my query urgently.

Replies (2)
Yes sale consideration of machinery will be considered in turnover for GST
It's a capital receipt. Under general accounting convention and disclosure purposes its shown in a different way.


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