hi all,
i am a service provider, and also having regular GST taxpayer.
i now want to start another business of restaurant,
for new business i cant opt composition, as i already registered under regular.
1. if i want to continue with regular then what is rate of gst
2 whether i start with my mom as partner(firm), as i heard that enahncement of exemption limit for goods sales only. not for service.
urgently
Menu
firm or sole proprietorship
Replies (2)
1. It's 5 % without ITC
2. No the threshold hold limit for Registration is same for both Goods and Services
2. No the threshold hold limit for Registration is same for both Goods and Services
good clarification and information
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