Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Taxability of Turnover based on GSTR-7

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Hello everyone, Can a dealer be brought to tax under CGST Act for suppressed turnover even though no GST TDS was claimed or so to say, the dealer did not accept such TDS entry and hence no amount land .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed in his cash ledger to set off the same against his tax liability. If any ruling/judgement exists on this subject, that will help . Thanks in advance Deepak Bubna - Reply By Padmanathan Kollengode - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The Reply = Has the dealer actually made supply? The levy of tax under section 9 read with section 7 is independent of TDS provisions. If supply has been actually made by the dealer, just because TDS .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... entry is not accepted will not bring him out of the levy and vice-versa. - Reply By Shilpi Jain - The Reply = Acecptance/non-acceptance of GSTR-7 has no relevance. Instead prove that no supply or suc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h transaction has taken place in order to stay out of GST liability. - Taxability of Turnover based on GSTR-7 - Query Started By: - Deepak Bubna Dated:- 11-6-2024 Last Replied Date:- 13-6-2024 Goods .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagem .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... entindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates