DHARIWAL & THAKKAR

NOTICE URGENT

Happy Diwali and New Year

GST PATHSHALA
(FAQ On GST !!!!!!!!!!!!!!!!!!!!!!!!!!!)

Q 14. Will a taxable person be eligible to opt for
composition scheme only for one out of 3 business
verticals?
Ans. No, composition scheme would become applicable
for all the business verticals/registrations which are
separately held by the person with same PAN

For More on GST Call on :0261-4012344
Visit .... http://www.dhariwalthakkar.com/

GST PATHSHALA
(FAQ On GST !!!!!!!!!!!!!!!!!!!!!!!!!!!)

Q 13. In respect of exchange of goods, namely gold
watch for restaurant services will the transaction be
taxable as two different supplies or will it be taxable
only in the hands of the main supplier?

Ans. No. In the above case the transaction of supply of
watch from consumer to the restaurant will not be an
independent supply as the same is not in the course of
business. It is a consideration for a supply made by the
restaurant to him. The same will be a taxable supply by
the restaurant.

For More on GST Call on :0261-4012344
Visit .... http://www.dhariwalthakkar.com/