• New business

We are a new kirana store


1. can i start selling products with GST arn no or should i wait till i get my GST certificate
2. can i sell food products while FSSAI licence is applied for and is pending approval
Or should i wait for it to be approved
Asked 1 year ago in Business Law

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10 Answers

Obtain FSSAI line and then only sell food products 

 

if your sale exceeds exemption limit obtain GST certificate 

Ajay Sethi
Advocate, Mumbai
96942 Answers
7822 Consultations

1. Registration under GST is mandatory for all businesses whose annual turnover exceeds Rs 40 lakhs in a financial year. 

- Hence, if you are starting a small business , then there is no need of taking GST Certificate

2. No , You should wait for approval 

Mohammed Shahzad
Advocate, Delhi
14515 Answers
221 Consultations

1. If your business turnover is less than Rs. 40 lakhs, then it is not mandatory for GST registration.

Companies with a yearly turnover of more than Rs. 40 Lakhs (for goods) and Rs. 20 lakhs (for services) are required to register for GST and pay taxes on their taxable goods and services.

2.Though homemade food businesses encounter fewer compliance issues than a full-fledged setup, an FSSAI food license is essential to run any food business in India.

Therefore it is advisable that you wait for the approval of the FSSAI license

T Kalaiselvan
Advocate, Vellore
87143 Answers
2339 Consultations

You can sell but you need to pay the gst collected only issue will be if a customer ask you the gst number

No it will be a offence if the same is related to food product

Prashant Nayak
Advocate, Mumbai
32479 Answers
201 Consultations

Dear Client,

 

1. It's advisable to wait until you obtain your GST certificate before you start selling products with GST included. The Goods and Services Tax (GST) is a crucial aspect of taxation in India, and having a GST number is mandatory for businesses exceeding the turnover threshold set by the government. Once you receive your GST certificate, you'll be legally authorized to collect GST from your customers. Until then, you might want to focus on setting up your store, organizing inventory, and ensuring all necessary paperwork is in order. Remember, starting your business on the right foot in terms of legal compliance can save you from potential complications in the future.

2. It's essential to have the necessary licenses and approvals in place before selling food products, especially if it's a requirement by law. The Food Safety and Standards Authority of India (FSSAI) license is mandatory for businesses dealing with food products. Operating without it could lead to legal consequences and might risk the safety and quality of the products you sell. While waiting for the FSSAI license approval, you might focus on other aspects of your business, like setting up the store, organizing non-food products, and ensuring compliance with other legal requirements. Avoid selling food items until you receive the official approval to do so to avoid potential legal issues and to assure your customers of the quality and safety of the products you offer.

You can reach out to us for further assistance

Anik Miu
Advocate, Bangalore
10173 Answers
120 Consultations

If you sell goods to another state in India, you will need to register for GST and charge GST on your sales. However, if your annual turnover is below the threshold of Rs. 40 lakhs (Rs. 20 lakhs for certain states), you may be eligible for GST exemption and will not be required to register for GST.

Ajay Sethi
Advocate, Mumbai
96942 Answers
7822 Consultations

As per the GST laws, the sellers are required to take GST registration in every state from where they supply their goods.

In GST, if the supplier supplies outside the State, he is required to take registration irrespective of the size of his turnover.

T Kalaiselvan
Advocate, Vellore
87143 Answers
2339 Consultations

You can’t collect gst in that but if you give invoices if Gat is applicable  to you then it will be an issue again. Therefore you can give only rough invoices

Prashant Nayak
Advocate, Mumbai
32479 Answers
201 Consultations

Dear client,

 

Yes, you can provide invoices to customers in other states even if you haven't registered for GST. The type of invoice you can issue would be a 'Bill of Supply'. A Bill of Supply is similar to a regular invoice but is used when GST is not applicable or when the seller is not registered for GST. It should contain details such as:

1. Your Store Information: Name, address, and contact details.
2. Customer Information: Name, address, and contact details of the customer.
3. Serial Number: A unique serial number or another unique identification.
4. Date of Issue: The date when the invoice is issued.
5. Product/Service Description: Description of the goods or services being sold.
6. Total Value: The total value of the goods or services.
7. Any other relevant terms

However, note that if your turnover exceeds the threshold for GST registration, it's mandatory to get registered for GST regardless of whether your customers are from other states or not. Once you obtain your GST registration, you would issue regular GST invoices instead of Bills of Supply. You can reach out to us for further assistance

Anik Miu
Advocate, Bangalore
10173 Answers
120 Consultations

- The GST Council has now decided that service providers will be allowed to make inter-state supplies of up to Rs 20 lakh without GST registration 

Mohammed Shahzad
Advocate, Delhi
14515 Answers
221 Consultations

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