sir,
For example cinema hall collections from one month sales of tickets Rs/-3,00,000/- and expenses paid for month salaries Rs/- 70000/- and electricity charges Rs/-20000/- and telephone expense Rs/- 3000/- and rent paid Rs/-25000/-for one month of income and expenses for gst
Q.no.(1) calculate of input and output and tax due producure
Q.no.(2) monthly returns filed gstr-1,gsrt-2,gstr-3 or gstr-3b only one return filed.
Q.no.(3) tax upto Rs/- 100 rate 18% (including or excluding of cgst,sgst)
above tax on Rs/-100 rate 28% (including or excluding of cgst,sgst).
please reply questions.
Q1. You should calculate tax based on ticket prices. Input if charged by suppliers you can claim full credit on all expenses you mentioned. If suppliers are unregistered then you have to pay tax under RCM and after payment you can claim input tax credit.
Q2. You need to file all returns you mentioned.
Q3. GST tax rate for cinema halls showing movies is 18% (9% CGST and 9% SGST ) for tickets priced below Rs. 100. For ticket priced above Rs. 100 GST tax will be 28% (14% CGST and 14% SGST).
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