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20 lac turnover

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how a business man whose turnover is less than 20 lacs per annum exclude GST??
Replies (10)

This is option to small traders and service provider. If their turnover (Taxable + Exempted) is less than Rs 20.00 lakhs, then Registeration is option. If exceed, registeration is compulsory

If the Business person run his business to B2C category then no more risk. But., In case the Business is B2B then It's very risk for running his business Under GST without Registration/with registration (Composition)

so we have to charge tax from the customer??
what we have paid, from where we have purchased goods??
so we have to charge tax from the customer??
what we have paid, from where we have purchased goods??

Yes... The end users is our Tax Sourse.....!sad no other way bcoz, all products sent to the end. The end is our customer.

 

You can Purchase any of the following,

Mfg, Dealer, Compo.Dealer and URD. But, we can follow the rules under GST.

can you tell me about the format of bill book??

You can download here : -

/profile.asp?member_id=1391982

my turnover is 16 lac and i am registered in gst so how i have to manage it?
my turnover is 16 lac.
i will pay tax to the person from where i buy products, whether i have to collect or charge tax to the consumer to which i will sell the product or not?
and i have to show the invoice or pay tax to the government?
sir how many returns a retailer have to file whose turnover is less tha 20 lac per annum??plzzz rply sir asap!


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