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All QuestionsCategory: GST CompliancesGST AUDIT Applicability
Profile photo of Rakesh TayalCA Rakesh Tayal asked 2 years ago

GST AUDIT Applicability

If one is providing Professional Services and having turnover of INR 30,00,000/-, apart from this he have also transacted in shares/Securities from which sale is amounting to Rs. 4 Crore, whether the assessee is liable for GST Audit Because of turnover Criteria (Limit 2 Cr.),
P.s. Assessee is a registered person

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1 Answers
Profile photo of CA Venu Gopal GellaCA Venu Gopal Gella answered 2 years ago

Not applicable since sale of shares is not a supply under GST