Menu
I have a mobile service shop,
I have a mobile service shop, can I keep it in composition by taking GST, will I have to pay tax in composition?
Replies (9)
You can take composition scheme but since you are a service provider being a mobile service shop, you need to opt for separate composition scheme for service providers which is taxable at 6% subject to maximum turnover of Rs. 50 lacs in a year.
Yes I agreed with Mr CS Advocate Abhishek Goyal...
Why are you planning to take gst? turnover issue or for loan?
Start ur business , some change is required.
Wt s some chngs
Sir, yes my turnover is 65 lakhs, of which mobile service is 17 lakhs and goods sale is 48 lakhs. I am taking both the money in the same account.
1. already you are late to apply for gst.
2. you can apply for normal scheme only.
3. do it ASAP and start filing gst returns.
4. can lead to huge penalties in future if you don't take registration.
2. you can apply for normal scheme only.
3. do it ASAP and start filing gst returns.
4. can lead to huge penalties in future if you don't take registration.
Elevate your mobile service shop's online presence with the expertise of top video production services. Showcase your offerings, expertise, and customer satisfaction through engaging videos, establishing a compelling digital narrative that attracts and retains customers.
Any liability provided.
Recent Topic
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
Related Topics
CAclubindia
