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registration cancel
sir if any retailor have gst number and sale up to 20,00,000 in last year and suddenly sale was dowb and below 20,00,000 then a person gst number is necessary or not. if not then person will cancel then how can person purchase to traders
Replies (4)
Not necessary
if sir I have gst number and my turnover below 20,00,000 just example 1700000 and I am composition person so 1% on total sale. in this scheme but of my turnover in year below 20,00,000 then 1% is necessary paid or nit
U need to pay even if it not crossed
For composition dealer, 1% gst on sales turnover(taxable supplies) is to be paid even if turnover is less than 20 lakhs.
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