Which Type of gst registration(Regular or Composition) is required for a haldiram outlet ?
Vinod Babu
(24191 Points)
Replied 14 January 2019
pritesh
(CA Final student)
(7101 Points)
Replied 15 January 2019
CA HARDIK SHAH
(Chartered Accountant)
(50 Points)
Replied 15 January 2019
it may depend on the 2 factor i.e.
1.you are required to take the ITC on the material purchased and
2.You are required to issue the Tax Invoice.
if both above is required then you should go for regular scheme otherwise it is advisable to go for Composition Scheme.
Thanks & Regards.
CAclubindia
