After the roll out of GST since 1st July 2017, people are still having doubts pertaining to GST. Recently We received the question “How Much percentage GST on Turnover up to 60 lakhs?”
The answer to this question has two different things to consider. Depending on these things, it can be decided that how much percentage GST a taxpayer will pay according to his turnover.
Let us discuss both the point in detail.
Thus, the percentage of GST is not dependent simply on turnover. There are many other factors to be considered to decide the rate of GST applicable on any business.
You can download GST templates like GST Bill of Supply, GST Payment Voucher, and GST Export Invoice from here.
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