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
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Registration
Replies (12)
as per sec. 23 registration not required
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.
but if only nil rated goods are supplied then??
Whether you supply other than Nill Rate Goods & Services ?
sir i quoted both situation..
in 1 scenario only nil rated supply more then 20 lac
nd in other scenario taxable n nil rated both in composition den 1% is payable on total or only on taxable suppy portion
in 1 scenario only nil rated supply more then 20 lac
nd in other scenario taxable n nil rated both in composition den 1% is payable on total or only on taxable suppy portion
In Second You Required to Pay GST only On Taxable Good & Services,
sir wat is the hsn code for readymade Garment traders.. the trader deals in kids gents n ladies Garments.. like normal jeans, shirt, t-shirt, and woolen items
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
what is the HSN code for minerals and proceed minerals. minerals understand ocar and cement color and lime
what is the HSN code for minerals and proceed minerals. minerals understand ocar and cement color and lime
@ ujjwal
1- if you sale only exempted goods than registration is not required.
2- if you sale both type of goods and took composition scheme than you have to pay 1%(2% in case of manufacturer) on taxable as well as exempted goods......
1- if you sale only exempted goods than registration is not required.
2- if you sale both type of goods and took composition scheme than you have to pay 1%(2% in case of manufacturer) on taxable as well as exempted goods......
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
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