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GST Registrstion

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(Querist)
06 April 2021 I am having restaurant business, having a turnover of 42 lacs in fy 2020-21.is it compulsory to register GST? If so what are the procedure exemption limit 20 or 40 lacs?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 April 2021 Exemption limit is 20 lacs as it will fall under services. Registration required under GST.
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Adv. Umang agarwal

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Adv. Umang agarwal (Expert)
06 April 2021 yes you have to take the registartion
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