Applicability og gst on sale of teddy bears

This query is : Resolved

keshav kumar singh (Querist)
Follow

06 July 2017 Dear Sir

I purchase cloths from market , Prepare teddy bears with the help of my family members and sale that to Retailers/shopkeeperts in delhi

I want to register in GST as my sale might exceeds 20 lakh. kindly guide me regarding the Rate of GST and HSN code

Thanks & Regards
Keshav Kumar Singh

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

06 July 2017 better register once you cross 20 lakh. (Within 30 days from such exceeding the limit)

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

06 July 2017 you have to look in 9503.....right now no tax

Upgrade to CAclubindia Pro. Subscribe Now!

keshav kumar singh

keshav kumar singh (Querist)
Follow

06 July 2017 Dear Amol S Joglekar Sir , Maximum customers ( Debtors) decline to do business with us as they that the will not get inout credit . So what should i do ?

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

06 July 2017 if you register before achieving 20 lakh, you need to charge GST.
Anyway, right now you can go for GST registration because NO GST is to be levied.