Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Gst collect from customer

Others 203 views 4 replies

Ramesh

proprietor

21 Points Posted on 25 August 2018

Kindly any one suggest my doubts.

Am doing service to Event but my business is less than 1 lacs per month.

all business within our states only.

i have registered GST account. my total business for year is less than 20 lacs,

so, i have now doubts about raise invoice for my client with GST or without GST?

Replies (4)

Vatsla Alagh

1545 Points Posted on 25 August 2018

If u are registered under GST, then u have to raise invoice with GST only.

CA P V N Varma

609 Points Posted on 25 August 2018

once you are voluntarily registered with GST then you have to collect GST from your clients so you must raise invoice along with gst amount even though your turnover is less than 20 lakhs..

CA Sanjay Kumar Maharana

SENIOR OFFICER(ACCT)

184 Points Posted on 25 August 2018

All registered businesses are required to pay GST.If ur turnover is less than 20 lacs and u r not registered then u r not required to pay GST.Once a party is registered he has to raise GST invoice.

Vinod Babu

24196 Points Posted on 26 August 2018

Whatever may be your turnover, once taken gst registration (regular) you are liable to collect gst on your outward supplies.
If you are a composition dealer, then no gst should be collected.