Gst registration for inter state purchases
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 January 2018
Sir
I have started a new shop in Mumbai and purchase goods from Ahmedabad and delhi. All my sales are in retail in Mumbai.
MY QUESTION IS
1. Do i have to register for GST
2. If my turnover crosses RS. 20 LAKHS and register for GST will i be able to claim my past purchases as input credit
3. If i decide to open a e commerce page do i have to register for GST
Please answer
Thanks
I have started a new shop in Mumbai and purchase goods from Ahmedabad and delhi. All my sales are in retail in Mumbai.
MY QUESTION IS
1. Do i have to register for GST
2. If my turnover crosses RS. 20 LAKHS and register for GST will i be able to claim my past purchases as input credit
3. If i decide to open a e commerce page do i have to register for GST
Please answer
Thanks
Udaya Chandran
(Expert)
29 January 2018
You need to get registered if your turnover crosses Rs.20 lakhs p.a.
You can take ITC available in the stock as raw materials, in the semi-finished goods or finished goods by filing ITC-01.
You can take ITC available in the stock as raw materials, in the semi-finished goods or finished goods by filing ITC-01.
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