Home Forum Goods and Services Tax - GST Month 5 2020 2020 (5) This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Schedule-I supply - Goods and Services Tax - GSTExtract Dear Sir Please let me know that how we will show Schedule-I supply in GSTR-1 and GSTR-3B . Suppose a registered person gives his business asset after two years of purchase to an NGO permanently without consideration on which he had taken ITC of ₹ 18000/- at the time of purchase. Now the open market value of this asset is say 50000/- and the applicable rate is 18%. Please help that how we will show this transaction in GST returns?
|