Gst registration on poultry firm

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Kkk
1204 Points Posted on 28 September 2021
is gst applicable on poultry firming
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On 28 September 2021 at 19:29 Report
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This discussion clarifies GST applicability for poultry firms. Generally, poultry farming falls under a nil rate of tax, meaning GST registration might not be required. However, if your business also deals with taxable products and your total turnover (taxable and exempt supplies) exceeds £40,000, then GST registration becomes mandatory.

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52 Points Posted on 28 September 2021
Nil rate of tax
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On 28 September 2021 at 20:12
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Kkk
1204 Points Posted on 29 September 2021
Gst registration is needed or not?
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On 29 September 2021 at 16:10
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GST Consultant
15986 Points Posted on 29 September 2021

Nil rate of tax therefore no registration required.

If any of your product is taxable and turnover of both taxable and exempt supplies exceeds 40 lakhs then registration required.

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On 29 September 2021 at 17:16

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