07 December 2018
XYZ is a Doctor (Proprietor) is running an ENT Hospital. Apart from his income from the hospital which is exempted from GST, he is also earning through Residential premises given on rent, capital gains, bank interest, FD interest, interest on loan given to a company, interest on PPF and dividend. All these incomes including from the hospital are exempted but is crossing the threshold limit of Rs.20 Lacs. Is XYZ required to obtain GST Registration?
07 December 2018
As per CGST Act if aggregate turnover is more than 20L then GST registration is compulsory but if the person is supplying only exempted goods and services then no Need to register even if aggregate turnover exceeds 20L.