Sir,with GST is it mandatory to do business with current account.my turnover 15 lakhs.ravi
Menu
Bank savings account to current account
Replies (5)
Gst will apply when turnover of the business exceeds Rs 20lakhs
Sir,as it is interstate sales I ve taken gst
BANK ACCOUNT OPEARTIONS AND GST DO NOT HAVE ANY LINK..
IT IS USUALLY THE BANK WHICH RESTRICTS THE NUMBER OF TRANSCATIONS IN SB A/C.. THUS CA A/C IS MAINTAINED BY BUSINESSMEN
ok, gst is applicable for you
As said by anonymus
There is no provision in GST act regarding SB a/c or Current A/c
Recent Threads
- Procedure for 'inter-unit job work' under GST Act
- Advances received and Advances adjusted - HSN Summ
- TAX ON SALE OF COMPANY'S SHARES
- Refund on Hold - Section 245
- CLARITY REGARDING ESIC WAGE CALCULATION AFTER NEW
- GST Rule 14A for Export of Service with Hypothetic
- GST ON QUERY
- Initimation on AIS
- GST on sponsorship from foreign body corporate
- Revised Income tax return karna padega kya
Related Threads
CAclubindia
