Hi,
Is is mandatory to take GST if the total yearly business is less than 20 lacs but has 100% inter state transaction
Menu
Inter state transaction gst
Replies (7)
yes, update the establishment
depends if you are a service provider no reg is required if your t/o is less than 20 lakhs but if you are supplying goods other handicraft item you will have to obtain gst registration number
Dear Sir, while paying GST for inter state transaction is there any composition scheme to bring down the GST outgo of 18%
sir first of all composition scheme doesnt allow you to make interstate supply. your query is not clear kindly break it down for me.
yes for inter state supply of goods u need gst reg but for inter state supply of services 20 lakh threshold limit is available
Thanks sir. I teach online through videos so I believe this will qualify an educational service
Persons making Inter State Supply of Services are not required to get registered under GST if the Aggregate Turnover in the PY does not exceeds Rs.20 lakhs ( not applicable incase of Goods ).
Warm Regards.
Warm Regards.
Recent Threads
- Revised Income tax return karna padega kya
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
Related Threads
CAclubindia
