A registered dealer gstr3b and gstr1 returns nil filed up to 31-12-22.if dealer sales and purchase transaction amounts receipt and payments through on bank account.
question:
gst department verification receipt and payments Bank transaction sales and purchase transaction treatment tax applicable.
Menu
Tax applicable on bank transaction
Replies (2)
Quick Summary
Tax will be payable on outward supply at applicable rate of goods traded while input on goods purchased will be granted only if ITC is claimed in GSTR 3B till sept of next year.
Tax will be payable on outward supply.
Recent Topics :
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
- Does Parag gupta's booster batch good for CA Inter
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
Related Topics :
CAclubindia
