turnover from pharmacy business by selling medicines 32 lacs p.a
rental income from property 5 lacs p.a
in above case what would be registration limit and is composition available and what tax rate is applicable for the above 2 incomes.
1 Replies
lucky sharma
(212 Points)
Replied 12 April 2019
20 lac limit and if u opt composition then govt notified new composition scheme for supply of services and supply of goods both @ of 6 % please also consult your CA and Advocate
Recent Topics
- A builder or Developer has to receive completion c
- TDS paid 5% instead of 2%
- Whether deduction u/s 43B available post conversio
- B2B Invoice Ammendment
- Foreign bank charges
- Net worth certificate for Joint Owners
- Investment Strategy to avoid Capital Gain in case
- Tution fees
- Regarding GSTIN CORRECTION in GSTR1 current period
- GST Registration in the state of Maharashtra
Related Threads
- application for new registration pending for rejection, can i re register before rejection order
- Gst registration threshold.
- tax payment of composition dealers
- gst registration urgent suggetion required
- cancellation of GST registration certificate
- gst registration mistake
- Gstr-9 table 16a - inward supplies composition reported in next year
- Residential rental income exceeds 20 lakhs- gst registration required?
- Government fees for trademark registration exempt from gst?
- supplies made by composition taxpayer
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
