One new small gst composite registered dealer turnover for 2019-2020 rs.30 lacs.
Assess i.t. returns filed first time how much amount capital and cash on hand introduced opening balances minimum and maximum shown in first balance sheet i.t.returns for proprietary concern under i.t.act.
Frah Saeed Answered question June 16, 2020
No minimum and maximum requirement of amount of capital and cash in hand exists in GST Law. The maximum limit is only there in respect of aggregate turnover for purpose of opting composition scheme.
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Frah Saeed Answered question June 16, 2020