SIR,
A PERSON START A BUSINESS FOR GOODS SALES MONTHLY 2 LAKHS TURNOVER HIS SALES AFTER ADJUSTMENT OF ITC PAID OR NIL,
NOW HE STARTS RESTAURANT HE WANTS TO PAY TAX 5% NON CLAIMED ITC .
HOW TO DO IN GST RETURN?
PLEASE
MURALIDOSS (INCOME TAX PRACTITIONER) (1325 Points)
23 February 2024SIR,
A PERSON START A BUSINESS FOR GOODS SALES MONTHLY 2 LAKHS TURNOVER HIS SALES AFTER ADJUSTMENT OF ITC PAID OR NIL,
NOW HE STARTS RESTAURANT HE WANTS TO PAY TAX 5% NON CLAIMED ITC .
HOW TO DO IN GST RETURN?
PLEASE
RAJA P M
("Do the Right Thing...!!!")
(128056 Points)
Replied 23 February 2024
MURALIDOSS
(INCOME TAX PRACTITIONER)
(1325 Points)
Replied 24 February 2024
Sir,
Can I change the scheme to composition and pay 5% tax for restaurant? Goods need to change or drop can?
Money Money
(413 Points)
Replied 24 February 2024
RAJA P M
("Do the Right Thing...!!!")
(128056 Points)
Replied 24 February 2024
Originally posted by : MURALIDOSS | ||
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Sir, Can I change the scheme to composition and pay 5% tax for restaurant? Goods need to change or drop can? |
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I can't understand this question...
But, As per my previous reply new registration is best and You can opt composition scheme for Restaurant.
sabyasachi mukherjee
(27334 Points)
Replied 24 February 2024
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