gst for small fast food outlets
Charan Shanbhag (1 Points)
05 July 2017Charan Shanbhag (1 Points)
05 July 2017
Pankaj Rana
(Consultant)
(75 Points)
Replied 06 July 2017
Though it’s not mandatory to get the GST registration if your turnover is less than 20 lakhs however you must file your ITR regularly and u must keep eye on your turnover….. you may get the GST registration to claim the input credit on purchased goods, it will reduce the cost of item and reducing the cost of item would be good for u to do the competition with your competitor in the same industry
Pankaj Rana
(Consultant)
(75 Points)
Replied 06 July 2017
Originally posted by : Pankaj Rana | ||
Though it’s not mandatory to get the GST registration if your turnover is less than 20 lakhs however you must file your ITR regularly and u must keep eye on your turnover….. you may get the GST registration to claim the input credit on purchased goods, it will reduce the cost of item and reducing the cost of item would be good for u to do the competition with your competitor in the same industry |
Anupam Goswami
(342 Points)
Replied 06 July 2017
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