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Threshold limit

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(Querist)
17 July 2017 What if any person opt for gst whose turnover is less than 20lakhs
Is there any drawbacks or any benefits with him
Please answer
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CA Pradeep Sharma

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CA Pradeep Sharma (Expert)
17 July 2017 Benefit ..............can take ITC of purchase made by you which can reduce your cost
Drawback..............increase compliance cost.
cannot make purchase from unregistered dealer except 5000 in one day
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Navin Chitla

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Navin Chitla (Querist)
17 July 2017 thanku CA Pradeep Sharma sir any more possibilities please




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