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If I as a proprietor own two business of which one has an annual turnover of 18 lakhs and the other business has a turnover of 7 lakhs. Do i have to pay GST compounding earnings of both the business. I fall in the laundry service category of which the other business is drycleaning. If i fall in the GST slab what will be the GST tax to be levied to my customer.
Replies (2)
If the books of accounts of both the businesses are maintained separately there is no need to registred the both of ur buss. under gst
Dry-cleaning services & Pressing services is taxable under GST @ 18%
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