A deaker received commission
He doing purchase and sales also.
If I declare commission together with the sales, it means 3B and GSTR!1 is different right?
So, how to declare commission together with sales usual?
Menu
Sales and commission
Replies (6)
In GST there is no sale or purchase , its Outward supply & inward supply , hence your commission & sale will be count under Outwards supply , so declare your commission & sale together as outward supply in 3b & GSTR1
Thanks very much Pankaj Ji.
You are always welcome dear
we purchase cement from jk laxmi cemet and they provide us credit note for discounts given what is the treatment of such credit notes in my 3b and gstr1 . whether such discount is part of our sales or not
IF GST IS SHOWN IN CNT THEN SHOW IT IN 3B BY REDUCING YOUR ITC, IT WILL NOT SHOWN IN GSTR-1
IF NO GST IS NOT MENTION IN CNT THEN NO NEED TO SHOW IN 3B & GSTR1, BOOK THE SAME UNDER INCOME HEAD
tqsm pankaj sir
Recent Topic
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
Related Topics
CAclubindia
