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20 lakhs turn over
if the firm having 20 lakhs turnover. on what authenticity one has to accept it.
Replies (5)
You need 2 keep complete record. Once it exceed 20L you need to get it audited by a .CA or cost accountant.
Charu Mathur, Advocate Supreme Court of India
no need for audit....simply get registered if turnover exceeds 20 lacs...and gst will be prospective
Registration will make it mandatory to file returns
yes once registered .....return filing is mandatory
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