Menu
Tax on Value
Is there any limit to exempt to collect Tax on sale value for retailers. (Ex: upto 1000 rupees).
Replies (2)
There is no such provision.
If you have registered under GST then no threshold /limit on amount is prescribed to collect tax. However, need not issue invoice if the value is less than 200 Rupees.
If you have registered under GST then no threshold /limit on amount is prescribed to collect tax. However, need not issue invoice if the value is less than 200 Rupees.
No.......... there is no such limit. you have to charge GST if its taxable goods & collect tax .
Recent Topics :
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
Related Topics :
CAclubindia
