Dear sir my bussnis under 20 laks but my custmer are required gst bill
Plz help me to
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Under 20 laks
Replies (9)
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.
You need to register your business as a regular dealer under GST to make your cuatomers eligible to claim ITC.
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!
Moreover, your customers are asking GST bill from you because of section 9(4) which creates reverse charge liability on your customers!
You can register yourself as a composition dealer to handle this situation.
You have to register as a regular dealer only since composition dealer can't raise taxable invoice.
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.
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.
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.
Therefore though the turnover is less than Rs 20 lakhs, to maintain the business and not to break the link better to register.
@ 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....
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....
@ 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.....
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.....
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