Income Tax & GST


This query is : Resolved 

Quick Summary
Retail traders supplying construction materials with a turnover of £40 lakhs are generally required to obtain GST registration. While the composition scheme is an option, it's important to confirm the exact threshold limits and any relevant notifications. If your turnover does not exceed the specified limit, registration might not be necessary.

04 April 2022 Dear Sir

Should retail traders engaged in construction material supply having 40.00 lacs turnover required to obtain GST registration ?

If not, pls mention the notification no.

Please note , the small trader has no other interest income .

Pls advice

05 April 2022 Yes, GST registration is required in such a case.
Opt for composition scheme.

05 April 2022 Since your turnover is not exceeding threshold limit you dont need registration


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details