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Registration of GST with Practical Issues

Goods and Services Tax - GST - By: - Sanjeev Singhal - Dated:- 3-8-2018 - Every one know that GST registration is required the moment you cross threshold limit of ₹ 20 lacs and ₹ 10 lacs in NE States. But the most important is the GST reg .....

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goods or services or both. Except when the supplier deals only in exempted goods or services exclusively. Major problem is how to compute the aggregate turnover so that it can be determine that registration under GST is required or not . when the agg .....

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of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis bu .....

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termined. exempt supply means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt from tax under section 11, or under section 6 of the Integrated Goods and Services Tax Act, and includes non-taxable su .....

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le . Mr. A is doctor doing and his own practice and his yearly income is ₹ 12lacs and he sit in hospital for two hours in day on salary basis and his salary is ₹ 6 lacs per annum. He has income from commercial building rent which is ͅ .....

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limit. So Mr. A is a farmer with an annual turnover of ₹ 25 lakh. Since this income is agriculture-related, the turnover is exempt from GST. However, Mr. A also supplies plastic bags along with his crop and charges separately for this. His tur .....

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et the registration. 2. Case Where no registration is required -Section-23. Person making interstate supply of taxable services and having aggregate turnover , to be computed on all India basis, not exceeding amount of ₹ 20 lacs( ₹ 10 lac .....

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on of land. 3. Compulsory Registration is required in the following cases without any threshold limit. Casual Taxable person. Person required to pay tax under reverse charge Person making any inter-state Supply now exempted vide Notification no. 10 d .....

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