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Indirect Taxation

anyway gst is collected from ultimate consumer then why there sis threshold limit for busnnessman

Chandramouli A

CA Inter

★ 720

12-Jun-21 19:30

736

Answers (1)

To ensure there is no tax evasion. Customer will pay the MRP inclusive of GST amount , but if business has to deposit GST amoutn with govt., if not registered and doesnt have to file returns, it will be difficult for govt to recover gst

Sudha Reddy

CA Final

★ 20K+

14-Jun-21 09:43

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