shobhit (aa) (339 Points)
28 May 2017SIR I HAVE A SMALL SWEET SHOP WHOSE TURNOVER WILL BE ABOUT 10 LAKHS ONLY. WE ARE NOT REGISTERED ANYWHERE, WE JUST FILE ITR NON TAXABLE..
NOW AFTER GST, SHOULD WE COME UNDER GST LAW??
WE DO ONLY CASH SALES, AND WE USE MILK, SHUGAR, KHOYA, DESI GHEE ECT.. FOR PREPARATION OF SWEETS...
HOW INVOICE WILL BE GENERATED AS WE DO ONLY CASH SALES... AND PURCHASE RAW MAT FROM LOCAL MARKETS.
PLEASE ADVICE FOR THE SAME...
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 28 May 2017
Nasheer Ahamed
(18 Points)
Replied 29 May 2017
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 29 May 2017
Vinay Kumar
(2 Points)
Replied 29 May 2017
CA PRATIK DHRUVE
(CHARTERED ACCOUNTANT)
(634 Points)
Replied 29 May 2017
if the dealer does not register, he will surely not get the benefits of credits, etc. but benefical option would be not to register if turnover is less than 20 Lacs because legal fees for registration and monthly expenses would be any how costlier..
Pvvs Mallikharjuna Rao
(2 Points)
Replied 09 June 2017
At present we are paying 5% up to 1.5 cr and 14.5 above 1.5 cr what will be rate ofter GST only 5% or is any other Tax we have to calculate ?
ASHOK
(MANAGER)
(22 Points)
Replied 25 July 2017
Dear Sir,
is it necessary GST registration for Sweet shop is overall sale is more than 20L
CA Ankit Kumar
(Tax Consultant)
(27 Points)
Replied 02 August 2017
Dear Freinds
If a shop of Sweets & bakers & Namkeens having turnover exceeding Rs.20 lacs, he has to take registration under GST Regime.
If he wants composition scheme, in which option he will fall: (1) Manufacturer or (2) Restaurant
This question arises since as we normally all the shopkeepers having snacks counter also provide 2 or 3 benches for taking the same.
Please advice. Waiting for your response.
Thanks & regards
RAJASTHAN
( )
(293 Points)
Replied 09 September 2017
Sweets maker can opt Composition or not ?
please also share at least 5 HSN code for GST Registration of sweets, Namkeen Making.
kapil jain
(PM)
(22 Points)
Replied 16 September 2017
Hello,
I need a suggestion. I run an online sweets (Indian Mithai etc.) ordering web site. Deliverin via courier. My annual turnover is around 18 Lakhs. I am never regsitered for GST.
Pl. suggest if the GST is appicable on my firm.
Thanks & Regards.
Kapil J.
CAclubindia
