Ours is Food Catering business mainly supplying customized meals to our customers on order. We also sold other food products like curries, namkeen items, pickles etc over the counter. Whether should we get registered under gst and our turnover is less than Rs.20 lacs only.
Please can some clear me the doubt.
Menu
Whether GST is applicable for us
Replies (7)
If TURN OVER less than 20lakhs then no need to register under GST.
As per section 22 cgst act , if your turnover is less then 20lac , no need to take registration
No need to take Registration under GST since Turnover is less than the prescribed Threshold limit of ₹20,00,000/-
What if turnover is above 20lacs
Then GST applicable and You will register under GST...
Rates applicable if turnover is above 20 lacs
Yes ,... if turnover exceed 20k , you are liable to take registration & shall charge gst on your outward supply
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
