One of my client is having a Pan palour without GST registration in Ahmedabad & he has filled his return on Presumptive taxation under 44AD as his gross receipts is with in the limits & most of the receipts were in digital form
My question is if his Turnover for the FY 23.24 will upto 40 to 45 lakhs i.e within in the limit of 44AD & filled ITR 4 for the same. shall GST registration will be attracted as we have reported more than 40 lakhs sales in ITR.
Menu
QUERY on GST applicability
Replies (11)
Quick Summary
Yes, pan parlor is not tax exempt in GST.
Yes, pan parlor is not tax exempt in GST.
Yes, pan parlor is not tax exempt in GST.
Yes, Pan parlor is not exempted supply under GST.
Yes, Pan parlor is not exempted supply under GST.
Yes, Pan parlor is not exempted supply under GST.
As per my opinion Yes, he will be liable for GST registration. According to the GST laws Since his turnover is between Rs. 40 to 45 lakh, which exceeds the threshold limit.
Follow guidelines of sec 22 gst act
@ Mr Khush Trivedi,
Yes, You are exactly correct.
GST registration is applicable in this case.
Bcoz, The said Turn over is exceeds as per GST law.
Better to avoid to show the Turn Over. Otherwise GST is applicable as per Turn Over. Officer will be raise query also with liability.
Yes, You are exactly correct.
GST registration is applicable in this case.
Bcoz, The said Turn over is exceeds as per GST law.
Better to avoid to show the Turn Over. Otherwise GST is applicable as per Turn Over. Officer will be raise query also with liability.
Thanks everyone
| Originally posted by : Khush Trivedi | ||
 |
Thanks everyone |  |
You are most welcome...
Recent Topics :
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
Related Topics :
CAclubindia
