Gst turnover increased every year compulsory in gst act
This query is : Resolved
Kollipara Sundaraiah
(Querist)
15 April 2024
Sir,
A registered regular scheme dealer dealing to medicines retail business sales turnover year:23-24 rs:1.65 lacs .
Last year f.y.22-23 sales turnover rs:1.85 lacs
Question:
Dealer sale turnover increased every year compulsory any provision applicable in gst act.
A registered regular scheme dealer dealing to medicines retail business sales turnover year:23-24 rs:1.65 lacs .
Last year f.y.22-23 sales turnover rs:1.85 lacs
Question:
Dealer sale turnover increased every year compulsory any provision applicable in gst act.
Nikhil Kaushik
(Expert)
15 April 2024
if your question is that whether the turnover has to mandatorily increase year on year basis, then the answer is no. There is no such requirement. report the turnover as is.
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