How to deal with gst in wholesaling & retailing business? Turnover is below 75 lakhs p.a.

I am both wholesaler & retailer. My total turnover per year is below 75 lakhs. So please guide me that how can I deal with GST?

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5 Answer(s)

Go for composition scheme and file return quarterly basis.

Answered on June 25, 2017.
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If your tax rate is 5 slab rate dont go for composition scheme

Answered on June 25, 2017.
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Composition is good for you but only if your customers accept composition bills it will be difficult for you in wholesale business

Answered on June 25, 2017.
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If single commodity in your business is exempt than you are not able for Composition scheme under GST

Answered on June 25, 2017.
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Answered on June 26, 2017.
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Your Answer

Gen GST