exempted goods

This query is : Open

akshay (Querist)
Follow

16 September 2017 A person dealing in 100% in exempted goods, is he required to get register under gst if his turnover exceeds 20 lakhs and he also makes interstate supply.?

Guest

Guest (Expert)

16 September 2017 If deals only in exempted goods no registration required but making inter state Supply then registration required See this video to understand when person is liable to obatin registration https://youtu.be/DV_UzOkvUIs

RAJA P M

RAJA P M (Expert)
Follow

16 September 2017 Yes. I agreed to Mr Somil., If deal only exempted goods then Don't want registration under GST for intra state supplies... In case you ll be sell your goods to Inter state then You want to registration compulsory....

Upgrade to CAclubindia Pro. Subscribe Now!

akshay

akshay (Querist)
Follow

16 September 2017 thanks.. one thing more.. that is it necessary to mention hsn number on invoice even in case of exempted goods .

Guest

Guest (Expert)

16 September 2017 Yes as per rules it is compulsory See this video to understand which document to issue under different Supply (i.e taxable Supply, exempt Supply etc) https://youtu.be/sYqjDPFQib4

RAJA P M

RAJA P M (Expert)
Follow

16 September 2017 Yes. HSN code is mandatory based on the turn over limit. You ll be follow the same as exempted goods....