2 business on the same pan(proprietorship) is going.. GST registration is taken for 1 business. So turnover of both business is liable to GST or only for which registration is taken?
It's not an exempt so you need to pay GST on same supply.. if you don't want to pay GST on this business then you can constitute a firm and carry business under that pan
Gst is liable to be paid in the following cases: 1.depending on the turnover. 2. depending on the transactions. 3. taxable person engaged in merchandising of goods and services . 4. if threshold limit is crossed then you hv to pay gst. Every taxable person is liable to pay CGST SGST EXCEPT WHERE TAX IS PAYABLE UNDER REVERSE CHARGE.
Leave a Reply
Your are not logged in . Please login to post replies