Good Evening Everyone.
One of my client has decided to open the provision store. My confusion is what type of Scheme is more benefit for this business.Whether Regular or Composition, please suggest.
Menu
Provision Store GST Registration
Replies (7)
Quick Summary
Composition scheme
Thank You Ajaz Shaikh Sir
Provision store means??
Sourav Sir: Provision Store means like mini super market
Explain the both schemes to your client then ask him what he wants to follow. because in composition scheme tax has to pay out of his pocket. it is like an expense to him.
Thank you Sivaramaraju G Sir
In case of provisonla stores composition is kore preferable... Quaterly filing.... No proper maintaince of books
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
