Registration

Save Share

This query is : Open

Nitesh (Querist)
Follow

10 October 2017 ONE OF MY FRIEND IS DOING BUSINESS OF AUTO SPARE-PARTS TRADING AND HIS TURNOVER IS ABOUT 1500000, SO DOES GST REGISTRATION APPLICABLE IN THIS CASE.
AS HIS SUPPLIER IS ASKING FOR GST NO BEFORE SUPPLYING GOODS.

Message likes : 1 times

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

11 October 2017 No need of GST No. as turnover is below Rs.20,00,000.

Message likes : 1 times

RAJA P M

RAJA P M (Expert)
Follow

11 October 2017 I agreed with CA Rashmi Gandhi., No need registration for above said query... Also the supplier asking is very good. Bcoz, In case your friend had GST number and the supplier can't show the GSTIN in his invoice then your friend can't get ITC... So, the supplier ll confirm the situation...

Nitesh

Nitesh (Querist)
Follow

12 October 2017 Thanks CA Rashmi Gandhi g and Raja g...............but in actual market very few suppliers are supplying goods to unregistered (GST) business man,so unfortunately even small businessman has to take registration as they have to run business.

Message likes : 1 times

RAJA P M

RAJA P M (Expert)
Follow

12 October 2017 Yes... You are exactly correct Mr Nitesh...

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

12 October 2017 Agree with you Nitesh but there is no restriction to supply to unregistered person Any person can supply to unregistered so you dont required to get register. Say no for purchasing goods from such dealer..

Message likes : 1 times

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

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!