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GST Registration for EGG wholesale shop

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Mohanraj J

1238 Points Posted on 11 March 2021

Dear Friends,
My cousin is doing EGG wholesale business and Annual turnover is about 60 Lakhs. There is no GST for EGG purchase or sales. But, aggregate TO is crossed 40 Lakhs. In this case, the egg seller need to register GST or not? If yes, how they will maintain Invoices for Purchases or sales without GST?

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Quick Summary

An egg wholesale business with an annual turnover of £60 lakhs is questioning the need for GST registration, as eggs are currently exempt from GST. Despite the exemption on purchases and sales, the aggregate turnover exceeds the £40 lakhs threshold. The query asks whether GST registration is mandatory in this scenario and how to manage invoices for transactions that do not involve GST.