hi,
if I sale goods to a person or trust (adding appliable gst) who is ultimate consumer
can I get credit of SAME if I have more amount of gst paid than I have collected??
thx
pl elaborate. The ITC is to be taken by the recipient of supply of service/goods. you are not the recipient as mentioned in your query.
| Originally posted by : MILAN B. SHAH | ||
 |
sorry but I want to know I have to pay balancing amount I.egst collected on sales to ultimate consumer(not registered) -gst paid on purchase of goods or services?? |  |
Dear Milan.,
First Our sales related taxes are our laibility. Its not credit... Also you can adjust your inputs and pay balance.
The trust is under GST anyway. Your supplies taxble then You ll collect tax from the Trust .
T R SOOD & CO
New Delhi
CA Inter
View Details
Shyam Joshi & Associates
Pune
B.Com
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
SSGS and Associates
Chennai
CA Inter
View Details
R P S K & Associates
Nashik
CA Inter
View Details
CAclubindia
