What is GST for OPC with 54 lakhs turnover ?
45 lakhs as directory salary. That will be only expense. 18 percent GST for my opc since it is doing IT service.
I understand i can get refund later on. I cannot execute LUT since i cannot do bond worth tax liability + bank guarantee. I just started OPC last month .
Thanks :)
Your turnover of ₹54 lakhs exceeds the mandatory GST registration threshold for service providers (₹20 lakhs). Additionally, you do not qualify for the Composition Scheme, which is limited to ₹50 lakhs for service providers. You are required to register under the Regular GST scheme.
RMA And Associates LLP
New Delhi
CA Inter
View Details
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
Abic and Mani Chartered Accountants
Kottayam
B.Com
View Details
CCI
Pro
CAclubindia
