Dear Experts,
If one Trading Company is dealing in renting services for commercial property and sale/purchase of Computer items and registerd under GST, last yr. turnover is not exceeding 20 lakhs, but this 2017-18 start renting services which not exceeding 20 lakhs. So it is mandatory for company to issue GST Invoice and pay GST, becoz renting services upto 20 lakhs is exempt from GST.
Plz Reply.
The T/O is based on PAN...
Also it's GST (Goods and Services Tax). Not only Goods related act / not only Service related act.
So, the Trading and Rental is based on single PAN then GST applicable for the Renting Services...
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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