Liablity to file gst return ????
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2017
I WOULD LIKE TO TAKE...VOLUNTARY....NEW GST NUMBER
I AM IN COMPOSITION SCHEME
I AM...SURE...MY YEARLY TURNOVER..........NOT MORE THAN 10 LAC,,,IN MUMBAI....
I WOULD ...HAVE TO FILE QRTLY...RTN........LIABLITY TO FILE RTN ????
I AM RETAILER...........ALL CASH SALES........TO CONSUMER
ATUL -- 9969069215
LOOK4U@REDIFFMAIL.COM
I AM IN COMPOSITION SCHEME
I AM...SURE...MY YEARLY TURNOVER..........NOT MORE THAN 10 LAC,,,IN MUMBAI....
I WOULD ...HAVE TO FILE QRTLY...RTN........LIABLITY TO FILE RTN ????
I AM RETAILER...........ALL CASH SALES........TO CONSUMER
ATUL -- 9969069215
LOOK4U@REDIFFMAIL.COM
21 June 2017
You can voluntary registration in GST. You can also opt for composition scheme but in composition scheme you will have to pay tax @ 1% and cannot charge tax in bill. Also can purchase from outside state but not sell outside state. If you purchase from unregistered dealers taxable goods under GST, you will have to pay tax on such purchase on reverse charge basis for which you will get no input tax credit. If you sell directly to consumers composition scheme is better for you.
VIPIN GUPTA
(Expert)
21 June 2017
so to control cost person selling goods directly to consumer should also purchase from composition dealer
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