Hello experts,
One of my client is having south indian food selling business. He has a small shop establishment without any sitting arrangement. my question is if it crosses limits of 20L Turnover whether GST Registration to be obtained or not? If yes, then only selling food is goods or services and if his customers consume food at that place does it considered composite supply or just goods supply?
please guide.
2 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 05 August 2022
You have to take registration if you crossed limit of 20Lac , composite supply is different criteria all together.
CA Mayank A Jain
(Chartered Accountant in Practice)
(1260 Points)
Replied 05 August 2022
If he is selling only food i.e., packed goods and not providing any service like a restaurant/eating joint, then it is supply of goods. In which case, it is treated as supply of goods and the limit for exclusive supplier of goods is Rs.40 lacs.
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
