Does interstate sale and purchase. Does he required registration in GST?

Dealers deals in exempted goods i.e pulses and does interstate sale and purchase. Does he required registration in GST.

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3 Answer(s)

Yes

Answered on June 9, 2017.
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Firstly, If the aggregate turnover exceeds threshold limit of 20 L, then assesses is required to be registered under gst. Here turnover includes exempt supplies also. So if turnover is below 20 L, assesses need not register under gst. If turnover exceeds 20 L but less than 50L then composition scheme can also be opted. Secondly, there is no connection b/w interstate purchase and gst registration. It is interstate supply that makes registration compulsory irrespective of the limit.

Answered on June 10, 2017.
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But if you opt for composition levy you will have to pay tax on your exempt supplies as well which otherwise are not liable to tax.

Answered on June 10, 2017.
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Your Answer

Gen GST