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GST applicable or not?
I print and bind books of a local publisher who supply paper. As a printer what will be my GST compliance?
Replies (4)
If you raised invoice of combined of material and service you have to collect maximum rate item tax in invoice. example paper rate 28 % and service rate 18% than you have to collect 28% in invoice
my annual accumulated bill is less than 20 lakh rupees. paper is supplied by publisher. Should I register for Gst?
No You are not eligible for GST
if your turnover of the business exceeds Rs 20lakhs (Limit is Rs 10lakhs for the North Eastern States).
if your turnover of the business exceeds Rs 20lakhs (Limit is Rs 10lakhs for the North Eastern States).
then only you are eligible for GST
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