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Exempted product dealer

Kamal Verma (Financial advisor) (578 Points)

17 April 2018

Dear experts,

One of my client is dealing in agriculture product having turnover below Rs. 20 Lacs. He needs GSTIN for supplying products to large companies and wish to file GSTIN as NIL value. Is there any provision in GST regime to file return on NIL value however is is selling goods (Exempted products) to large dealer?? Please provide your valued advise.

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2 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 17 April 2018

Once registered under GST.......... he is required to file GSTR periodically.

There is no nil return under GST....... but he has to give details of his output supplies, under exempted catagory.

sudip sharma (article) (734 Points)
Replied 18 April 2018

if he wish to take registration, you need to show detail of one taxable supply at least to take registration, although if you take registration and don't show taxable turnover upto six month from taking of gst registration your registration will be automatically cancelled