Gst example
BHUMIKA AJARIA (AT) (32 Points)
26 May 2017
explain with example gst implication on business whoes turnover is rs25 lakh
4 Replies
Praveen Kachhawa
(Financial Accountant)
(225 Points)
Replied 26 May 2017
You can enjoy composition scheme max. Rated @ 1%. You need to submit quertely return for that.
CA PRATIK DHRUVE
(CHARTERED ACCOUNTANT)
(634 Points)
Replied 26 May 2017
need some more details for analysing... mere turnover figure is not enough..
GST Queries
(Owner)
(35 Points)
Replied 26 May 2017
It will depend on multiple factors, like the services/products are you are providing/selling.
You are providing services/selling goods in multiple states or just one state.
BHUMIKA AJARIA
(AT)
(32 Points)
Replied 07 July 2017
Sir we do fabrication work through machine (cnc cutting)and through man(welding,bending etc etc) explain whether I can opt for comp. Scheme if not then what is rate of duty
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