GST ON INCOME FROM AGRICULTURAL INCOME

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..... GST ON INCOME FROM AGRICULTURAL INCOME
Query (Issue) Started By: - Renju Joy Dated:- 18-12-2020 Last Reply Date:- 28-12-2020 Goods and Services Tax - GST
Got 4 Replies
GST
Person having b .....

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..... usiness income also has agricultural income.Whether he is liable to pay GST on agricultural income? Reply By KASTURI SETHI: The Reply: Everybody knows agricultural produce is exempted. Agricultural .....

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..... income is not appropriate word used here. You are to see 'produce -wise' whether exempted or not.However, both sales/supplies have to be clubbed for computation of threshold exemption limit fo .....

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..... r the purpose of registration. After obtaining registration in the above scenario, GST is to be paid on taxable business only and not on agricultural produce sale/supply. If the concept of composite s .....

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..... upply is brewing in your mind, then elaborate your specifically. Reply By Ganeshan Kalyani: The Reply: I agree with Sri Kasturi Sir. Reply By MUKUND THAKKAR: The Reply: Agree with Shri Kasturiji, .....

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..... but I am adding one more things that ITC need check not used in commonly. Reply By AshaKanta Sharma: The Reply: Agree.....GST is not applicable........
Discussion Forum - Knowledge Sharing .....

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