Taxslab

192 views 4 replies
If I have both exemptei and non exempted items,
टर्नओवर for exempted goods is above, 20lakhs and other 1has below 20lakhs.
So que l. Is I'm coming into tax or not? What is solution.?howmuch and how?
Replies (4)

Yes, you have to get registered under GST......... and charge GST over taxable supply as per prescribed rate.....

Sir, Aggregate turnover" means the aggregate value of all taxable supplies [excluding the value of inward supplies on which tax is payable by a person on reverse charge basis], exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;. your aggerigate turnover is above 20 lakhs. So you are liable to register under GST. If you will opt composition scheme you have to pay tax @ 1%(trader)2%( manufacturer) 5%(hotelar)on total turnover (taxable & exempted) with out input tax. If you have a normal GST Registration, you have to pay tax on taxable turnover @ the rate specified in GST on each supply and eligible to claim ITC on inword supplies.
Means on non taxable supply I'm charged or not..?

Sir I Have Recd. a SCN For Fresh Application Stating that  " Electricity Bill is Submitted as a Proof of rented Bussiness Premises.  Please also attach doc. from owner of Business premises allowing you to Use like Rent Agg."

So My Q. is that whether i can upload Consent Letter on Plain Paper ?


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