Question:- Q started a cement business on 5th April 2021. Then August 29th the turnover of business exceed 40 lakhs and applied for Registration
Situation 1:- if Q applied registration on sept 9th ( with in 30days of liabile) and from which date sales will be applicable to Gst calculation
Situation 2 :- if Q apllied registration after 30 days of liabile for registration and gets registration, from which date sales will applicable to Gst?
Menu
GST related query.....1......
Replies (4)
Quick Summary
Basically gst liablity arises once limit of 40 lakh is crossed
However since gstin is not available one cannot issue tax invoice
You may issue provisonal invoice untill you are provided gstin and issue revised invoice with proper gst details
The situations mentioned by you would affect avilability of Itc rather than sale portion
Recent Topics :
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
Related Topics :
CAclubindia
