Menu
take GST NO. or not from small interpreneurs
i m a small interpreneur. my shop is a bags and luggage. i purchase a goods from other state.
Replies (3)
If you sell only at shop (i.e, within state) , and your aggregate turnover is within 20 lakhs limit...... then its not mandatory to register under GST....
Not necessart,But if u register under GST you may increase the competitiveness...
If there is an interstate business irrespective of purchase or supply you have to get registered as the person from whom you will purchase need to have an tax invoice raised and collect tax or pay under reverse charge ,hence its advisable to get registered.
how ever if you have local purchase and supply then it is not required
Sunil Sharma
how ever if you have local purchase and supply then it is not required
Sunil Sharma
Recent Threads
- Gst interest and penalty doubts regarding missing
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
Related Threads
CAclubindia
