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About registration,return and stock treatment under gst

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2017 Dear sir i have shop since 2013 (general store) having turnover above 20 lakhs and i'm not registered under vat so which scheme is better for registration under gst act (normal or composition).and what will be the treatment regarding stock and
What is the billing system having large no. Of retail transactions....
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
29 August 2017 Mention your goods......
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2017 Groceries items
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
29 August 2017 Then you have to opt for composition....
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
29 August 2017 But if maximum stock is of exempted category then its better to opt for regular scheme.
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