Pardeep Garg (CA-Final Student) (801 Points)
04 September 2021
Rajkumar Patel
(602 Points)
Replied 04 September 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 05 September 2021
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 05 September 2021
Only taxable value of Rs. 3 Lakhs will be shown in GST returns.
Differences in turnover amounts between books and GST returns will be dealt in GSTR-9C
CA. Heet Shah
(Tax Consultant & Practitioner)
(6174 Points)
Replied 12 September 2021
You need to refer to wdv of the asset rather than sale price and depreciation.
CA. Heet Shah
(Tax Consultant & Practitioner)
(6174 Points)
Replied 12 September 2021
Incase depreciated value is wdv i.e.3lakh then 2lakh happens to be taxable value on which would be considered gst inclusive
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
