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Under 20 laks

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Sr. Engg
30 Points Posted on 30 July 2017
Dear sir my bussnis under 20 laks but my custmer are required gst bill
Plz help me to
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On 30 July 2017 at 15:43 Report
Replies (9)
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Student cum businessman cum professional
859 Points Posted on 30 July 2017
If you are not registered under GST as regular dealer, your customer will not get ITC of gst paid by them to you.

You need to register your business as a regular dealer under GST to make your cuatomers eligible to claim ITC.
2 Reply
On 30 July 2017 at 15:49
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Chartered Accountant
79 Points Posted on 30 July 2017
If you are losing majority of your customers just because you are not raising taxable invoice then it is suggested to you to get registered your entity under GST!
Moreover, your customers are asking GST bill from you because of section 9(4) which creates reverse charge liability on your customers!
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On 30 July 2017 at 15:50
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Student cum businessman cum professional
859 Points Posted on 30 July 2017
You can register yourself as a composition dealer to handle this situation.
2 Reply
On 30 July 2017 at 15:52
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Chartered Accountant
79 Points Posted on 30 July 2017
You have to register as a regular dealer only since composition dealer can't raise taxable invoice.
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On 30 July 2017 at 15:57
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Student cum businessman cum professional
859 Points Posted on 30 July 2017
Ms Pooja, I agree that compo dealer cant raise taxable invoice. But if Mr.Rahul take composition registration, then his customers wont be liable to pay under 9(4). Thereby making a full stop to their demand of Taxable Invoice from Mr.Rahul.
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On 30 July 2017 at 16:03
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Chartered Accountant
79 Points Posted on 30 July 2017
Mr. Vinay, you may be right but Mr. Rahul has mentioned in his query that his customer his asking him for GST bill which means a bill wherein GST is charged separately.
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On 30 July 2017 at 16:33
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Practicing Advocate and Corporate Consul
202 Points Posted on 30 July 2017
The ultimate aim of GST seems to make every body a GST normal dealer. This can be construed from the GST philosophy.
Therefore though the turnover is less than Rs 20 lakhs, to maintain the business and not to break the link better to register.
1 Reply
On 30 July 2017 at 19:14
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"Do the Right Thing...!!!"
128147 Points Posted on 30 July 2017
@ Rahul.,
In My View....

You ll take registration under GST as Regular dealer. This is only grow for your business. URD or Composition Scheme also going down the business....
463 Reply
On 30 July 2017 at 19:36
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"Do the Right Thing...!!!"
128147 Points Posted on 30 July 2017
@ Pooja Goyal.,
In your view exactly correct.
He is business to B2B in above said query. So, He want registration and we advice to Register as Regular Dealer....

We ll advice to Querist or Our Clients for his business based solution.
Your reply is that Way. I appreciate You.....
Good Luck.....
463 Reply
On 30 July 2017 at 19:40


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