Collecting gst -where the threshold limit is not crossed

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Dear All

Can u clarify whether do we have to raise Taxable invoice after registering for GST.

The company is a start up - not acheived the turnover limit of 20 lakhs.

After registering, do we have to collect the GST compulsorily or can we wait till the turnover crosses 20 lakhs

 

Replies (3)

gst collection & generation of tax invoice is compulsory after gst registration even done upon voluntary basis

you have to raise a taxble invoice due to you register under GST , if you are register under composition scheme taxble invoice is not applicable
First pls clarify r u in composition levy ?? I'd yes u cannot collect tax.

if a normal GST dealer the day ur aggregate TO reaches threshold limit u need to raise nd collect taxes.


Arun


CCI Pro

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