One of my friend is doing Tour and travel business and cab business also.(Proprietor)
1.Did he need to take 2 different Gst registration?
2.Can he take input of cabs purchased of tour services and cab services? And input of hotel bill.
3.What rate of Gst did he need to charge if he want to take of input of Gst.
Menu
Input of goods
Replies (2)
1 . single gst no can be used for different business verticals. gst law does not mandate different gst no for different business.
2. itc in blocked u/s 17(5).
u can refer this link for further clarity
https://blog.saginfotech.com/list-goods-services-not-eligible-input-tax-credit?utm_source=SOCIAL&utm_medium=SAG3&utm_campaign=SMO
2. itc in blocked u/s 17(5).
u can refer this link for further clarity
https://blog.saginfotech.com/list-goods-services-not-eligible-input-tax-credit?utm_source=SOCIAL&utm_medium=SAG3&utm_campaign=SMO
1 . single gst no can be used for different business verticals. gst law does not mandate different gst no for different business.
2. itc in blocked u/s 17(5).
u can refer this link for further clarity
https://blog.saginfotech.com/list-goods-services-not-eligible-input-tax-credit?utm_source=SOCIAL&utm_medium=SAG3&utm_campaign=SMO
2. itc in blocked u/s 17(5).
u can refer this link for further clarity
https://blog.saginfotech.com/list-goods-services-not-eligible-input-tax-credit?utm_source=SOCIAL&utm_medium=SAG3&utm_campaign=SMO
Recent Topic
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
- Gold/silver etf. STCG. how to decalre in ITR at s
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
Related Topics
CAclubindia
