voluntarily registerd person whose turnover is less than 15 lac. Has he required to charge GST in invoice? and which type of invoice will be issued by him?
please reply.
Menu
Voluntary registration in GST
Replies (16)
when a person get register under gst act. then he is taxable person liable to pay tax. he shall issue tax invoice.
Tax invoice stating his company name on the top of invoice along with his GSTIN number and also the customer GSTIN no if the transaction is and product descripttion with HSN code the rate applicable to a respective product !!
Tax invoice stating his company name on the top of invoice along with his GSTIN number and also the customer GSTIN no if the transaction is by registered person to registered person and product descripttion along with HSN code and the rate applicable to a respective product !!
if he opt for composition scheme than no need to issue tax invoice and if he go under general category then tax invoice as per GST rules need to be issued
if he opt for composition scheme no need to issue tax invoice !!!
thanks
what is mean by composite dealer?
composition dealer means small businessman within turnover limit up-to 75/50 in within state and they will pay fixed gst 1 and 2% as per his occupation of quarterly turnover
For format of Invoice please provide mail id........
I am a jobworker(for hosiery..Sando Genji)..turnover below 10 lacs..whether registration is compulsory??? if not then what will be procedure for sendin completed goods to principles office from my place
Hello Pankaj! If you are having a turnover of less than 10 lakh, no registration is required. But if you are supplying goods on behalf of another person, registration required irrespective of your current turnover. Also, you say you are job worker. Does that mean you apply sime process on hosiery goods and supply it from your premises on behalf of that hosiery supplier who supplied you those hosiery? Pls confirm.
pratikpatel2021 @ gmail.com
thanks..Harish ji...actually we do stitching,iron and packing...and send back to the principal...we don't sale at all..also nothing is added from our side..all materials are supplied by principal who is registered..
In auch a case, you need not worry for registration until your turnover exceeds 20 lakh (10 lakh for north east states). Also, you may further refer to
https://www.google.co.in/url?sa=t&source=web&rct=j&url=https://www.cbec.gov.in/htdocs-cbec/gst/eflier-jobwork22062017.pdf&ved=0ahUKEwjj4PyH9ZLVAhWKPY8KHQ9zBw8QFgg0MAI&usg=AFQjCNGq5qtB-tLyzZjWX5HuDGjs9bvG_A for better understanding of provisions relating to job work.
Thanks Pankaj ji!
Recent Topics :
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
Related Topics :
CAclubindia
