GST registration
This query is : Resolved
ankita gandhi
(Querist)
10 May 2017
I have a client, they have general stores, so goods are purchased at different VAT rates on the basis of MRP, so kindly tell me how should we optfor registration. They were not registered for VAT. So guide me whole procedure.
CA R SEETHARAMAN
(Expert)
10 May 2017
If the total turnover for the year doesn't exceed 20 lacs no need of GST registration. If it exceeds 20 lacs but not exceeds 50 lacs opt for composition scheme where you will have to pay 1% GST on sale value.
ankita gandhi
(Querist)
10 May 2017
The whole sales value ?
as there are some stationery books, on which VAT is not applicable. Only cosmetics have VAT
ankita gandhi
(Querist)
10 May 2017
Are they need to maintain proper books of accounts.. ?
And when registration should be opted for ?
CA Rashmi Gandhi
(Expert)
10 May 2017
Yes you have to maintain proper books but fresh registration under GST not started, wait for further notification.
ankita gandhi
(Querist)
10 May 2017
ok. thanks like for turnover of 20-30 proper books are necessary ?
And even will like to know what should we do now as if for first quarter as there is no VAT even registered now
CA Rashmi Gandhi
(Expert)
10 May 2017
Only maintain books of accounts. Nothing else
ankita gandhi
(Querist)
10 May 2017
ok thanks 😊
RAJESH SHUKLA
(Expert)
11 May 2017
only migration to GST is started who is already registered under Sales Tax, Vat or Service Tax etc.,but still closed. wait for notification regarding Fresh GST registration
ankita gandhi
(Querist)
11 May 2017
Thanks.
Actually as entity was small and mixed items so was confused.
CA Rashmi Gandhi
(Expert)
11 May 2017
GST Registration details are provided by further notification
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Capital gains in IT returns
- Gift to nri relatives residing in usa
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Urd purchase entry in tally prime
- TDS- 2026-27 Q1 Correction
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
