Does an individual need to tae GST Registartion if the annual income (Apr-Mar) from services is less than Rs.10 lacs?
I AM CLOTH MERCHANT. MY SALE IN LAST YEAR IS 40 LAC AND IN THIS YEAR UP TO TILL DATE TURNOVER IS 18 LAC. NOW I WILL APPLY FOR GST IN VOLETARY PROCESS AND IN COMPOSITION SCHEME. TODAY MY STOCK IS AROUND 12 LAC, IF I CAN APPLY FOR COMPOSITION SCHEME THAN WHAT IS GST RATE WILL BE PAID ON OLD STOCK I.E 5 % OR 1 %.
5
my society is ragistered under trust . v r taking 1300/-maintanance charges
every month.and total member is 225 it is morethen thirty lakhs in a year.
my querry
is my society has to take gst ragistration?
is there any threshold limit.
v have to pay gst for that ?
I have applied for GST practitioner on 1 month ago but till to date when ever open the GST portal it shows of my GST application pending for processing which I want know how many days required to complete enrollment the GST practitioner
I am selling readymade garments and my annually turover will be less than 20 lakh. So let me suggest for my following query :-
1. Is its necessary to take or registered under GSTIN
2. Can I making purchasing from Interstate (otherstate) without registered in GST.
please reply this query
what will be tax treatment on closing stock that we will declere in cmp 3
if we have no itc acording existing vat law
we have only stock
i mean we have consume all itc of vat law and have only closing stock on apointed date of gst
and we migrate in gst as composition dealer
By mistake i selected wrong ward no. during registration now i came to know that i committed mistake.please provide suitable guidelines.
Dear Sir,
I am a civil contractor of PWD. I have following queries -
1. ITC paid on raw material like cement etc , would be eligible adjustment against output tax liability.
2. What is the tax rate on civil construction like road, drainage for govt. departments.
3. Whether any composition scheme available for civil contractors?
Please reply soon.
Good Evening Sir/Madam
I am Working in a Basmati Rice Export Company, my query's are
1. can i take Input credit on fixed assets what ever we purchased on company's name
2. and we have some service tax bills also like S.tax on telephone bills,internet bills
3. we are purchasing basmati rice from punjab & amritsar we had paid CST also can i take that input credit also, cenvat on packing bags material, excise duty.
4.important point : from how many years input tax credit can i take, example like if my company is started in the year 2010, from 2010 can i take the input credit.
i am a registered tax payer i have received my GSTIN . As I do not plan to take any input credits, is it ok for me to not upload my purchases made from a registered supplier and restrict myself to record purchases made from only the unregistered suppliers . Subsequently can i declare myself to be a consumer as regards purchases from registered suppliers are concerned??? would it be in the framework of GST LAWS to ask my vendors to to consider my status in B2C rather than B2B to avoid reconciliation Hassles.???
PLEASE ADVICE
Thank You
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Individual gst reistration