Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

new registration under GST

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ew registration under GST<br> Query (Issue) Started By: - SHARMA NARAYAN Dated:- 12-6-2017 Last Reply Date:- 12-6-2017 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>can i take new registration in GST my turnover is Between 5 to 6 lakh propritor ship business of printing and stationery i dont have sales tax and vat registration Pls guide me sirs, the company is asking GSTN No from me ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... if i dont submit the no they will not do business with me because if they do business with the tax liability is to paid by them as per rule of RCM for avoiding the Tax liability they forse me to do registraion Pls guide me Reply By KASTURI SETHI: The Reply: Yes. You can apply for registration under GST Act . It is your option. Reply By SHARMA NARAYAN: The Reply: thanks for reply sir, Under ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....which clause i can take registration pls suggest Reply By Ganeshan Kalyani: The Reply: Sec 25(3) of SGST Act, &quot; A person, though not liable to be registered under section 22 or section 24 may get himself registered voluntarily, and all provisions of this Act, as are applicable to a registered person, shall apply to such person.&quot; As per above provision a dealer even though his turnover....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... is below the threshold can apply for registration. However, it is discussed that there should be a threshold limit to pay GST under reverse charge for purchase from unregistered by a registered dealer. Reply By Himansu Sha: The Reply: Voluntary regn is under sec 25(3) of cgst act, after taking regn, you can take credit on inputs in stock, inputs contained in finished goods and semi finished go....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ods. You should have the invoices which should not be more than one year old.capital goods credit is not allowable Reply By Himansu Sha: The Reply: If the invoices are not available 40/60 scene can be availed<br> Discussion Forum - Knowledge Sharing ....