Turnover as per GSTR9C

[Rajendra Prasad]

Dear Sir,

I am filing 9C. I was required to show turnover as per books.

My Taxable Sales shown in P & L is ₹ 205 Lacs ( Shown in GSTR-3B)

Commercial Rents directly credited to Capital Account ₹ 5.00 Lacs (Shown in GSTR-3B)

Now how much should I report as turnover in my GSTR-9C.

Please clarify.

AI Summary

Clarification on Reporting Turnover in GSTR-9C: Include Commercial Rent Under Section 5(O) for Accurate Total Turnover A participant in a discussion forum inquired about reporting turnover in GSTR-9C. They indicated that their taxable sales per the Profit & Loss statement amounted to 205 lakhs, with an additional 5 lakhs from commercial rents credited directly to the capital account. Both figures were reported in GSTR-3B. The response advised to report the 5 lakhs under section 5(O) of GSTR-9C, resulting in a total turnover of 205 lakhs.