turnover limit in gst

This query is : Resolved

rajni sharma (Querist)
Follow

31 May 2017 in present Norms..if turnover exceed 1.5cr that person come under excise liability ..in gst what is the turnover limit?and what if that exceeds that limit}? please reply

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

31 May 2017 The turnover limit is 20 lacs under GST. If turnover exceeds the limit then you are liable for registration under GST and liable for GST payment.

rajni sharma

rajni sharma (Querist)
Follow

31 May 2017 thanks for reply sir....that's what I know...my question is person already registered under gst and his turnover exceeds 1.5cr than what would happen. in that case?

Upgrade to CAclubindia Pro. Subscribe Now!

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

31 May 2017 No such 1.5cr limit under GST.

rajni sharma

rajni sharma (Querist)
Follow

31 May 2017 ok thank u sir

Guest

Guest (Expert)

01 June 2017 See this video what to understand when and how to obtain registration in GST
https://youtu.be/DV_UzOkvUIs