a person in trading fully nil rated goods more than a value of rs 20 lac. does registration required?? and wat if d person is trading in nil rated goods n taxable goods from same firm n takes a gst regn in composition scheme now 1% will b payable on total turnover or only taxable sales portion
Yes Required As Per Section 23 Of GST
Every supplier whose aggregate turnover exceeds Rs. 20 Lacs (10 Lacs for special
category states) in a financial year is liable to get himself registered in a state from
where he makes taxable suppliers.
Aggregate Turnover means the aggregate value of
all taxable supplies, exempt supplies, export of goods or services or both and inter-
State supplies of a person having same PAN, to be computed on all India basis and
excludes CGST/SGST, IGST, UGGST and cess.
Whether you supply other than Nill Rate Goods & Services ?
In Second You Required to Pay GST only On Taxable Good & Services,
HSN Code- 62
Descripttion - Articles of apparel and clothing accessories, not knitted or crocheted, of sale
value exceeding Rs. 1000 per piece
I am also attched pdf file of HSN
SIR, IN GST RAGISTRATION OF PVT LTD COMPANY FOR AUTHORISED SIGNATORY ITS REQUIRED,
LETTER OF AUTHORISATION OR COPY OF RESOLUTION PASSED BY BOD. SO IF FORMAT IS AVAIL PLS SHARE ME
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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