Assess maintained a pharmacy shop.turnover below threshold limit.no gst registered.
Which type of accounting books maintained
1.If assess registered in gst and I.t. act
2.If assess un registered in gst and I .t.act
3.any officer visit assess shop which type of accounting evidence asked.
Currently, businesses with a turnover of up to Rs 20 lakh is exempt from GST registration, while the limit for hilly and north eastern states is Rs 10 lakh. Sources said the annual revenue loss on account of doubling exemption limit to Rs 40 lakh, considering that all states implement it, is Rs 5,200 crore