tirth (CA) (72 Points)
03 July 2021
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 03 July 2021
tirth
(CA)
(72 Points)
Replied 03 July 2021
There is only one business , he sales on behalf of farmers so he collects gst and pays it but his actual income is only commission so in gst his turnover shows 8 cr. but in actual his commission income is only 7 lac rs.
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 03 July 2021
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 26 August 2021
No tax audit in this case upto turnover rs. 10crore
Srinivas Panuganti
(2 Points)
Replied 14 September 2023
APMC agriculture agent are exempted from GST then why GST turnover is coming it seems he is General trader. Question need more clarification and clarity