Bank loan query

265 views 4 replies
iam maintained small kirana goods stores.my turnover below 40 lacs limit no gst registered.i consulting bank manager for the purpose of bank loan.if bank manager required gst registered certificate compulsory .
how to sloved my problem
Replies (4)
How to sloved my problem...?

- No more other options...
- You can try to give udyog Aadhar certificate...
- Apply GST registration...
CA professionals should be there in banks and Income tax dept .Indian financial system will not improve otherwise..

How can they ask GST certificate in your case??

Even for opening current account they need GST registration.But for GST registration of a business one must give bank account.


Unless CA professionals step into Indian revenue and financial system at various level India will continue to developing country..
GST registration not required in your case.

you can submit below documents for proofing your business turnover.

1. Last year Income Tax Return
2. Bank statement Which you made payment your supplier
3.Sale certificate attestation from CA etc.
But many bank officials demand for GST registration certificate


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