What was the impact of gst on candle business
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according to me not very much impact was done of gst on candle business
prajvalmhgowda:
it is 12% gst tax on candle buisness
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However, any business whose turnover exceeds Rs 40 lakh in a financial year is required to register under GST. ... Also, a composition scheme has been introduced under GST for small businesses operating in India. This scheme provides for a lower amount of tax for the businesses having turnover up to Rs 1.5 crore in a year.
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