banner_ad

Gst tax liablity

197 views 4 replies
User Avatar

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

Reply Share Follow
On 31 August 2019 at 22:25 Report
Replies (4)
User Avatar

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
301 Reply
On 01 September 2019 at 01:01
User Avatar

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.
3 Reply
On 01 September 2019 at 10:13
User Avatar

3 Points Posted on 01 September 2019
What if only one buisness crooses the thresh hold and another doesnot
Reply
On 01 September 2019 at 22:20
User Avatar

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.
3 Reply
On 01 September 2019 at 22:36


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details