As per GST turnover 5 lacs. during the year and net profit is only 1lacs. so now any other income added or not if added so this income charge GST COMPULSARY or not.
thanks for reply.
4 Replies
rahul srivastava
(student)
(30 Points)
Replied 24 December 2019
If other income is related incidential to main business then charge gst on other income otherwise no
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 24 December 2019
Can You give details of other income which you will add...?
Kamlesh Tolani
(accountant)
(563 Points)
Replied 24 December 2019
Sir other income is imitation job work and this income is monthly 10000. around.
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 24 December 2019
Yes... GST applicable.
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