Sir,with GST is it mandatory to do business with current account.my turnover 15 lakhs.ravi
5 Replies
chamarthi venkatesh
(Student CA Articleship)
(848 Points)
Replied 20 October 2017
Gst will apply when turnover of the business exceeds Rs 20lakhs
GMR
(SELF EMPLOYED)
(34 Points)
Replied 20 October 2017
Sir,as it is interstate sales I ve taken gst
anonymous
(student)
(750 Points)
Replied 20 October 2017
BANK ACCOUNT OPEARTIONS AND GST DO NOT HAVE ANY LINK..
IT IS USUALLY THE BANK WHICH RESTRICTS THE NUMBER OF TRANSCATIONS IN SB A/C.. THUS CA A/C IS MAINTAINED BY BUSINESSMEN
chamarthi venkatesh
(Student CA Articleship)
(848 Points)
Replied 20 October 2017
ok, gst is applicable for you
chamarthi venkatesh
(Student CA Articleship)
(848 Points)
Replied 20 October 2017
As said by anonymus
There is no provision in GST act regarding SB a/c or Current A/c
Recent Topics
- SECTION 148 PROCEEDING
- GST AUDIT 01 - NOTICE
- Capital gain purchase date
- Transmission of deceased's shares in physical form
- Income tax notice but unable to file updated retur
- Income tax depreciation deductions
- GST Notice (Under Section 73)
- Asset Declaration in ITR2 for flat purchased in jo
- Active pan but invalid
- SECTION 128A For those who filed appeal and order
Related Threads
Trending Online Classes
-
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
Mr.Balamurugan Ranganathan13 March 2025
CAclubindia
