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Registration issue

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..... Registration issue
Query (Issue) Started By: - Saurabh Singh Dated:- 30-6-2017 Last Reply Date:- 1-7-2017 Goods and Services Tax - GST
Got 6 Replies
GST
Dear sir, I provide a services " rent a cab" and also carrying a business of" milk supply to amul". The total turnover of both the business exceeds 20 lakhs. As milk is under nil rate of duty , I want to know wha .....

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..... t are my registration requirements for gst. Do I have to register both the business verticals separately? Please advice. Reply By Rajagopalan Ranganathan: The Reply: Sir, Since milk is zero rated commodity you need not include its value in your turnover. Excluding milk if your turnover is less than 20 lakhs you need not register yourself under GST Act. Reply By Saurabh Singh: The Reply: Dea .....

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..... r sir, The definition of " aggregate turnover " include all taxable supply as well as exempt supply. As per sec 2(6) of cgst act. Further sec 22 provides that if " aggregate turnover "exceeds 20 lakh liability to take registration arises. Can u pls elaborate your answer. I m getting different views regarding this. Reply By Rajagopalan Ranganathan: The Reply: Sir, In my op .....

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..... inion milk is not exempted from payment of GST. It is not taxable under GST Act. Therefore its value need not be included in the aggregate turnover. Reply By Saurabh Singh: The Reply: Thank you sir . Reply By Ganeshan Kalyani: The Reply: In my view you can opt for two Gstin. One for service and another for supplying milk. Reply By Preeti Sharma: The Reply: Dear Saurabh, Milk is exempted u .....

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..... nder GST. But the definition of aggregate Turnover includes exempt supply also, therefore if aggregate turnover of both exceeds 20 lacs, then registeration under GST is compulsory. Because aggregate turnover means supplies by a taxable person having the same PAN. Now the question is about centralised or decentralised rgstn. GST is based on decentralised rgst. As the nature of supply is different .....

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..... , you may take separate registerations.
Discussion Forum - Knowledge Sharing .....

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