Clarification required about GST reg

301 views 6 replies
Sir,

1.One of my relation is doing Medical Retail business.
2.His yearly turnover not crossing Rs.15 Lakhs.
3. So he no need to register for GSTIN.
4. But his distributors is asking GSTIN for his medical shop.
Then only his distributors can raise the Invoice for his Medicalshop..

My query is :

if he register his business under GST, whether he is able to get Input Tax Credit ? Since his business yearly turnover comes Rs.15 Lakhs.

He is selling the medicines only to end customers not for other dealers.

pl reply.

Thank you.

Regards,
R. Marimuthu
Replies (6)
If you regiater then definately you will get ITC.

But of you opt for Composition Scheme then no ITC available.
One he is registered he will be able to claim ITC on purchase and will be able to collect GST from customers.
Thank you
Yes he can but for that he haa to register under normal provision.
Welcome Dear......

No need to register since turnover is below 20 lakhs.

Registered dealer can also sell goods to unregistered dealers.  So they cannot ask for GSTIN. 

If you want to register you can register as a Normal Dealre or Composite Dealer.

Normal dealer dealer can claim ITC on supplies

Composite dealer cannot claim ITC

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