gst on new AC cafe.

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Helo Experts,
I just started business of AC Cafe, so my question is that whether cafe is also covered under scheme of gst??
Is compulsory required to get registered irrespective of turnover below Rs.20lacs?
and what will be the rate at which gst is required to be charged??
Replies (11)
It is not cumpolsory if your turnover is below 20 lacs Rate of ac cafe is 18 %
Your turn over is less than 20lakhs you can't take registration under GST....
When you reach turn over is above 20lakhs you ll be register under GST....
otherwise you will continue without registration....
Good Luck....
But corporate customers were asking for GST number... otherwise they will not buy food from my
cafe.
and thank you so much for your reply.
Don't wory it is not compulsory to have more than 20 lacs turnover to get yourself register under GST, You can apply for new GST registration any time. And u can choose composition scheme under GST but the drawback of this scheme is you have to pay 5% of ur sale to govt. but u can't charge it in ur invoice , you have to pay that 5% from ur pocket , And many more relaxation available under this scheme like u have to file only quarterly return in place of normal monthly return, No need to maintain all records like in normal monthly return , Only u have to pay 5% of ur sale
May I know what will be the impact on gst liability on corporate customers when they buy from unregistered food suppliers??
Should I get more corporate customers if I enroll for GST??
If they will buy from Unregister dealer then they have to pay GST through RCM on your behalf , And it will Increase their accounting work
If they will buy from Unregister dealer then they have to pay GST through RCM on your behalf , And it will Increase their accounting work
then what would be the better way as per u sir??
It is better to register ur firm under GST , And u may choose composition scheme
Ok Sir... thanks for your valuable time.


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