10 April 2017
What will be impact of gst on the person who is having a general store and selling masala (like mirch, haldi, dhania etc) does he comes under gst law and is he has to follow all guidlines. please brief. though his turn over is above 25 lakhs. and he has not registered in sals tax. what to do please clear and explain.
11 April 2017
If his turnover is more than 25 Lakhs and less than 50 Lakhs then he can opt registration under composition scheme where the compliance under GST will be minimal when the GST is implemented under. Subject to all his purchase and supply should be within the state in which he is registered under GST.
CAclubindia
