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Gst on fruits
If any one doing fruit business having turnover of rupees 1 cr then gst registration required or not
Replies (2)
I think it is required
Even though some categories of fruits are exempt, others attract gst @ 5%,12% and 18% as well.
As per section 22 of the CGST Act ,2017 --Every supplier having a "aggregate turnover" exceeding Rs 40 lakhs in a financial year is liable to get registration under the act.
The definition of aggregate turnover includes exempt supplies as well.Therefore you are liable to get registered under GST.
As per section 22 of the CGST Act ,2017 --Every supplier having a "aggregate turnover" exceeding Rs 40 lakhs in a financial year is liable to get registration under the act.
The definition of aggregate turnover includes exempt supplies as well.Therefore you are liable to get registered under GST.
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