Gst service rate

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Student CA IPC / IPCC
261 Points Posted on 01 April 2023
if some One providing ata chakki service then it will be exempt service Or taxable if this service exempt then can he take refund of gst which he given on purchase of ata chakki machine
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On 01 April 2023 at 14:39 Report
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Quick Summary
Providing an 'atta chakki' service is generally considered taxable under GST. If your annual turnover exceeds £20 lakh, you'll need to register for GST and pay tax on your earnings. Importantly, you can claim back the GST paid on the purchase of your atta chakki machine, which can then be used to offset your GST liability.

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GST Practitioner
55067 Points Posted on 03 April 2023
No it's not exempted
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On 03 April 2023 at 00:19
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Chartered Accountant in Practice
1260 Points Posted on 05 April 2023

The services are taxable. If his aggregate turnover exceeds Rs.20lacs, then he is required to obtain GST registration and pay GST on its income from ata chakki. The credit of machine availed by him could be claimed and used for paying outward GST liability.

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On 05 April 2023 at 10:57

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