Gst And Exempted Gst Business

watch_later 2 years, 10 months ago


I run two business, both are intrastate service in nature, one attracts GST while other not.

Business name are different with same PAN.

Exempted GST business exceeds 20 lakhs turnover while GST business is less than 10 lakhs.

Now I am migrated from service tax to GST and paying GST.

Should I show all the details of GST exempted business in my GST returns.

Should I generate Reverse charge invoice and pay GST for inward supplies for non GST business from a unregistered person.(I know Reverse charge is waived until March 2018).

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2 Answers

Anand watch_later 2 years, 10 months ago

Thanks for your comment.

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GST Payer watch_later 2 years, 10 months ago

Yes you need to show details of all your business in your GST returns.

Basically a person may run multiple businesses in a state, all these businesses should be considered for GST, situation differs in case of different business in different state.

You are a single person in a state.

RCM provisions are applicable. It does not matter whether it is exempted business or not once you are registered.

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