Should i Register in GST
Query (Issue) Started By: – uday joshi Dated:- 4-7-2017 Last Reply Date:- 4-7-2017 Goods and Services Tax – GST
Got 3 Replies
GST
Dear Sir,
\nI am a small Garment retailer and yearly sell is below 6Lakh. As i understood, i need not to register for GST.
\nBut in case when i purchase material from Register Wholesaler, he will be showing that material is purchased by
\nme as i am paying him GST. How n where to keep this purchase of records. What is the procedure.
\nSorry, I am very new, i may not be able to put my question in right way.
\nThank
\nUday joshi
\nReply By Mehak Malhotra:
\nThe Reply:
\nDear Uday Ji,
\nFirst of all, if you are registered under any of the existing laws(i.e before gst) you have to compulso<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n e registered under GST you will have to levy GST in your bills as threshold is mentioned only for Registration and not for payment of taxes as per the provisions. (unlike Service tax). Therefore, if you want to continue with the registration you can opt for composition scheme (1%) and stay clam. And if you do not want to get covered under GST then apply for the cancellation of the registration. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Should i Register in GST Query (Issue) Started By: – uday joshi Dated:- 4-7-2017 Last Reply Date:- 4-7-2017 Goods and Services Tax – GSTGot 3 RepliesGSTDear Sir, I am a small Garment retailer and yearly sell is below 6Lakh. As i understood, i need not to register for GST. But in case when i purchase … Continue reading “Should i Register in GST”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5813","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/5813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5813"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/5813\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\nI hope the text is useful to you in some manner.
\nThank you,
\nMehak Malhotra
\nReply By uday joshi:
\nThe Reply:
\nThanks Mam,
\nThank for your valuable information.
\nI am not registered under GST.
\nCan you pls. elaborate 1% Composition scheme.
\nThanks
\nUday Joshi
\nReply By KASTURI SETHI:
\nThe Reply:
\nRegarding composition scheme, read Article by Sh.Sunil<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n