GST ON HOTEL HAVING TURNOVER LESS THEN 20 LACS
This query is : Resolved
13 February 2023
If someone having registered under GST is running hotel having room rent arround 1000-2000 but total turnover during the year is less then 20 lacs during current financial year as well last 3 financial year is he liable to pay gst or he can cancel his gst registration ????
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13 February 2023
You can cancel your GST registration but then all GST paid on inputs will become part of your expenses
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13 February 2023
if turnover is less then 20 lacs then no need to registerd under gst irrelevant with amount charged for room
am I right ?
13 February 2023
If turnover less than 20 lacs then no need for registration so GST will not be charged on room rent.
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