Gst or tot

549 views 1 replies

HI All,

My name is Yaswanth, I'm new to this forum.

I have a query regarding my dad bussiness regsitration.

My dad runs a provisional store in my home town (Andhra Pradesh) and we have turnover of 30,000+/day (1cr+/annum).

Now my dad want's to register his business under GST, but our CA suggesting us to regsiter under TOT instead of GST.

I need your valueble suggetions whether My dad should opt for GST or TOT.

Also please help me to understand if any advantages or disadvantages for both.

Replies (1)
is there tot in gst?i dont think so...as gst is must for above 20lks...and then up to 75lks u can get composition...for 1cr u need to be a normal gst person


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