Dear Team,
We are from Karr engineering manufacturers of fitness equipment and school furniture.
we request you to please clear my confusions in following.
1. as per model law All e commerce sellers to get GST registered to do intra state sales.
- in the above scenario we are having some queries .
- our turn over is less then 20 lacs can we opt out of GST and do inter state sales..
- if get registration is mandatory can we register under composite scheme.
- do we have to maintain invoice formats and all as per standard in voice.
- Do we have to maintain electronic records.
- our goods falling under 28% tax and our inputs are steel majorly which is 18% cosidering this scenaio is it advisable to go under compensation scheme or not ??
kindly suggest on the above.
regards,
Jithendra .K
CAclubindia
