Sir,
Assess trading a retaile pharmacy stores.turnover below threshold limit( 40 lacs).not a gst registered.
1.if any officer visit assess shop which type of accounting data evidence asked.
2.assess registered voluntary applied compulsory or not.
Frah Saeed Answered question May 10, 2020
- As the registration is linked to the limit of aggregate turnover, you can show he officer your P&L Account for the last FY from which it can be checked by him that the turnover limit has not been breached.
- Tax payer can take registration on voluntary basis even if threshold limit is not breached. However it is not compulsory unless any inter-State supply of goods etc is made in light of Sec 24 of the CGST Act, 2017.
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Frah Saeed Answered question May 10, 2020