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Gst tax liablity

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3 Points Posted on 31 August 2019

WHAT IF PERSON HAS TWO BUSINESS AND ONE IS OF GOODS OTHER IS OF SERVICES AND IN SUCH CONDITION GOODS BUSINESS FALL UNDER GST WHILE SERVICE BUSINESS DOEST NOT THE TOO IS HE LIABLE TO PAY GST ON SERVICES

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On 31 August 2019 at 22:25 Report
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GST Practitioner
55067 Points Posted on 01 September 2019
In GST Registration is PAN based & if you are doing both the businesses under same PAN , the all the provision of Act applicable to business dealing in supply of Services also .

Hence you are liable pay GST on Services business also
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On 01 September 2019 at 01:01
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employee
814 Points Posted on 01 September 2019
if both business of goods and services are done by one Regn person and turnover cross the limit then he is required to pay GST.
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On 01 September 2019 at 10:13
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3 Points Posted on 01 September 2019
What if only one buisness crooses the thresh hold and another doesnot
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On 01 September 2019 at 22:20
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employee
814 Points Posted on 01 September 2019
If both the business are being carried under ONE GST regn number then you have to pay gst irrespective whether the other business crosses the limit or not when one business has crossed the limit.
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On 01 September 2019 at 22:36


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