Menu
GST Registration
If sales inter state of unregister Rs. 77,06,055/- of "wheat" is NIL rate or exempt in GST so, it is required GST number ?
Replies (3)
Quick Summary
As per Section 23 of CGST Act, 2017 any person engaged exclusively in the business of supplying goods or
services or both that are not liable to tax or wholly exempt from tax is not liable for Registration under GST.
So, GST is not required in your case but note that if you make any taxable Supply other than this than liable for Compulsory registration.
So, GST is not required in your case but note that if you make any taxable Supply other than this than liable for Compulsory registration.
Interstate supply of any amount of taxable goods is mandatorily required for registration but for exempt goods not required but if u deal with any other taxable supply of even 1 rs then u r liable for registration
I am registered in GST but our buyer is interested
Recent Topics :
- Sale of property in SLUM area ....SRA
- GST applicability on Shipping charges
- Outstanding Demand in Income Tax: How To Respond?
- LTCG on property sale
- Capital gains incidence due to bonus shares
- Amendment of Object Clause of Memorandum
- How Can I Request a Refund for an Accidental Airte
- TDS on salary paid in cash
- YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
- Last Date To Fill ITR For Non-Audit Case
Related Topics :
CAclubindia
