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Income Tax & GST

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(Querist)
04 April 2022 Dear Sir

Should retail traders engaged in construction material supply having 40.00 lacs turnover required to obtain GST registration ?

If not, pls mention the notification no.

Please note , the small trader has no other interest income .

Pls advice
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 April 2022 Yes, GST registration is required in such a case.
Opt for composition scheme.
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
05 April 2022 Since your turnover is not exceeding threshold limit you dont need registration
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