Hello all.
If a person is undertaking both, GST exempt and applicable services under same business name; then, which threshold of turnover for GST registration will be considered: both combined or GST applicable separately?
Given that, record for both the turnover are being maintained separately.
A Taxpayer can deal excempt, Nil Rated, Zero Rated and Taxable. It will be treated as per the GST value...
But The T/O is calculated all the transaction values. (Excempt + Nil Rated + Zero Rated + Taxable = Total Turn Over)...
CAclubindia
