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Incomes not covered under gst


SSG   08 August 2018

SSG

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Cash Deposits exceeds Rs. 20 lacs in 2017-18 in the current bank account. The assessee is actually doing taxable business but hasn't taken GST no.? 

What incomes are not covered under GST? For what business, receipts exceeding Rs. 20 lacs, GST is not required? What business we can show in his Income Tax Return, so that it doesn't call for any query from the ITD?

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Sarath Rajendran (Article)     08 August 2018

Sarath Rajendran
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Please read this    https://timesofindia.indiatimes.com/business/faqs/gst-faqs/list-of-items-exempted-under-gst/articleshow/60191945.cms

If your income ( Bank credit over 20 lakhs in Current account you must take GST and file returns )   if you dealing goods in the above mentioned link you no need take GST)   

Pure labour contract also exempted from GST 

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RAJA P M ("Do the Right Thing...!!!")     08 August 2018

RAJA P M
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@ SSG.,

Actually what is his nature of Business...?

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SSG   08 August 2018

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The actual business is - sale of machinery parts, taxable under GST, though the assessee doesn't have GST No.


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