pls guide whether a hotlier has to take gstn if turnover is less than 20 l and if turnover is more than 20 l and between 75 l
he has to pay 5% flat quaterly and how to compute??pls explain
3 Replies
dattaraj meshram
(68 Points)
Replied 25 June 2017
below 20 lacs, no registration required.
if above then it mandatory.
no composition now.
if above then it mandatory.
no composition now.
Lalit Nagpal
(Assistant Manager)
(541 Points)
Replied 25 June 2017
If turn-over is less that 20 lacs no registration required but if it crosses have to take registration. 5 % flat option is for restaurant not for hotel.
Recent Topics
- GST registration -notice
- GSTIN Suspended Form GST Reg 17
- Request for GST Clarification regarding ITC
- Is Capital Gain exemption available for Property a
- EPF CONTRIBUION BY EMPLOYER
- Letter of credit -seller procedure
- Filling form 26 QB
- RPT AND ITC ISSUE
- Tax Liability and ITC Summary related Issues
- REQUIRED FORMAT FOR AMENDMENT TO PARTNERSHIP DEED
Related Threads
CAclubindia
