Exemption for small scale concern under gst

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 April 2017 Dear sir,

Since the exemption limit under GST is 20 lakhs for other than north east states. Is there any requirement for small scale concern having aggregate turnover less threshold limit to be registered under GST. After registration is there any returns to be filed for declaration of turnover stating turnover less than 20 lakhs.

Guest

Guest (Expert)

02 May 2017 There is no compulsion to obtain registration if your turnover is below 20 lakhs. However you can obtain registration voluntary .After applying for registration you are liable to file return.