I am having turnover more than 20 lakhs. GST will applicable on my GST and rate of GST?

I am having tea and coffee shop. I am providing tea and coffee all offices and I am having turnover more than 20 lakhs. GST will applicable on my GST and rate of GST.

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6 Answer(s)

Yes GST will be applicable on you

Answered on July 2, 2017.
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GST will be applicable

Answered on July 2, 2017.
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Gst will be applicable to you @18%

Answered on July 2, 2017.
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You can opt for composition scheme if the turnover does not reach 75lacs and pay tax at 5%.

Answered on July 2, 2017.
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YES YOU COME UNDER GST AND YOU HAVE TO GET REGISTERED BUT REMEMBER IF YOU OPT FOR COMPOSITION SCHEME THEN YOU CANNOT CLAIM INPUT TAX CREDIT.AND CANNOT RAISE A TAX INVOICE. HOWEVER BILL OF SUPPLY CAN BE ISSUED INSTEAD.

Answered on July 3, 2017.
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Also please note that composition scheme is only for PPL dealing in goods but in your case you might not opt for composition scheme as you are providing service to your customers so gst @18% will be applicable.

Answered on July 3, 2017.
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Your Answer

Gen GST