Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

Voluntary registration in GST

17 July 2017

voluntarily registerd person whose turnover is less than 15 lac. Has he required to charge GST in invoice? and which type of invoice will be issued by him?
please reply.

Reply
Follow
Share

16 Replies

Umang Garg (7 Points)
Replied 17 July 2017

when a person get register under gst act. then he is taxable person liable to pay tax. he shall issue tax invoice.

Upgrade to CAclubindia Pro. Subscribe Now!

Lava.p (student) (164 Points)
Replied 17 July 2017

Tax invoice stating his company name on the top of invoice along with his GSTIN number and also the customer GSTIN no if the transaction is and product descripttion with HSN code the rate applicable to a respective product !!

Lava.p (student) (164 Points)
Replied 17 July 2017

Tax invoice stating his company name on the top of invoice along with his GSTIN number and also the customer GSTIN no if the transaction is by registered person to registered person and product descripttion along with HSN code and the rate applicable to a respective product !!

shubhi jain (student) (33 Points)
Replied 17 July 2017

if he opt for composition scheme than no need to issue tax invoice and if he go under general category then tax invoice as per GST rules need to be issued

Lava.p (student) (164 Points)
Replied 17 July 2017

if he opt for composition scheme no need to issue tax invoice !!!

Upgrade to CAclubindia Pro. Subscribe Now!

Dipesh Melwala (26 Points)
Replied 17 July 2017

thanks

Anil R. Kandera (A/C) (22 Points)
Replied 17 July 2017

what is mean by composite dealer?

Momin Ali (156 Points)
Replied 17 July 2017

composition dealer means small businessman within turnover limit up-to 75/50 in within state and they will pay fixed gst 1 and 2% as per his occupation of quarterly turnover

CA Pradeep Sharma (CA) (2644 Points)
Replied 17 July 2017

For format of Invoice please provide mail id........

Pankaj Sarkar (145 Points)
Replied 18 July 2017

I am a jobworker(for hosiery..Sando Genji)..turnover below 10 lacs..whether registration is compulsory??? if not then what will be procedure for sendin completed goods to principles office from my place

Upgrade to CAclubindia Pro. Subscribe Now!

Harish (Student CA IPC / IPCC) (78 Points)
Replied 18 July 2017

Hello Pankaj! If you are having a turnover of less than 10 lakh, no registration is required. But if you are supplying goods on behalf of another person, registration required irrespective of your current turnover. Also, you say you are job worker. Does that mean you apply sime process on hosiery goods and supply it from your premises on behalf of that hosiery supplier who supplied you those hosiery? Pls confirm.

NITINBHAI PATEL (B.Com) (192 Points)
Replied 18 July 2017

pratikpatel2021 @ gmail.com

Pankaj Sarkar (145 Points)
Replied 18 July 2017

thanks..Harish ji...actually we do stitching,iron and packing...and send back to the principal...we don't sale at all..also nothing is added from our side..all materials are supplied by principal who is registered..

Harish (Student CA IPC / IPCC) (78 Points)
Replied 18 July 2017

In auch a case, you need not worry for registration until your turnover exceeds 20 lakh (10 lakh for north east states). Also, you may further refer to https://www.google.co.in/url?sa=t&source=web&rct=j&url=https://www.cbec.gov.in/htdocs-cbec/gst/eflier-jobwork22062017.pdf&ved=0ahUKEwjj4PyH9ZLVAhWKPY8KHQ9zBw8QFgg0MAI&usg=AFQjCNGq5qtB-tLyzZjWX5HuDGjs9bvG_A for better understanding of provisions relating to job work. Thanks Pankaj ji!