Where to show sale of share turnover in gstr9
I have audit in gst having turnover +5cr in sale as per income tax audit and have added turnover of sale of share in trading account in income tax audit so now want to know that where to show the turnover of sale of share in gstr9 ?
Replies (1)
You do not need to report the turnover from the sale of shares in your GSTR-9. Securities are neither goods nor services under the CGST Act, so these transactions fall outside the scope of GST reporting. If you file GSTR-9C, this difference will be explained as a reconciliation item between your audited financial statements and your GST returns.
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