Answers!
If your turnover is upto 75 lacs,it is beneficial for you,after that it is more beneficial to govt
If your turnover is upto 20 lacs,you do not need registration
If your turnover is between 20-75 lacs,then you can opt for composition scheme and pay 1% tax
If your turnover is more,you have to prepare detailed accounts and file monthly 3 returns
Only benefit is you will get credit of gst paid on different office expenses
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Answer the question...
If your turnover is upto 75 lacs,it is beneficial for you,after that it is more beneficial to govt
If your turnover is upto 20 lacs,you do not need registration
If your turnover is between 20-75 lacs,then you can opt for composition scheme and pay 1% tax
If your turnover is more,you have to prepare detailed accounts and file monthly 3 returns
Only benefit is you will get credit of gst paid on different office expenses
Comment