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100 %Exempt Income

STARK (Student) (162 Points)

14 August 2019

I have exempt income but my turnover 1cr their is required for gst registration or not?? If any circular or notification has given me

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 14 August 2019

As per Section 23 of CGST Act .
Person is not liable to grant registration:
a) any person engaged exclusively in the business of supplying goods or
services or both that are not liable to tax or wholly exempt from tax under this Act or
under the Integrated Goods and Services Tax Act;

So Registration is not required if you are dealing 100% in exempted Supply

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Shivam RC (Student) (23683 Points)
Replied 14 August 2019

Refer Section 23 of the CGST Act 2017...
"PERSONS NOT LIABLE FOR REGISTRATION".

STARK (Student) (162 Points)
Replied 14 August 2019

Can you give any circular or notification please

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 15 August 2019

Dear Stark

when it's given in Act , then why you need Notification or circular.

CA Arun Chhajer (GST Faculty @ Ministry of MSME Govt of India) (2813 Points)
Replied 15 August 2019

Sec 23 will give the relaxation not to take registration. however if you have taken GST Number then Audit become compulsory u/s 35(5) of CGST act.

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