prince verma (audit trainee) (124 Points)
22 February 2020
Kumar Sushank
(General Manager - Finance)
(1040 Points)
Replied 22 February 2020
If travel agents are in same state & turnover is not more than 20 lacs, Then GST Registration is not mandatory.
Nikhil Kothari
(CEO at Sequinox Business Advisories)
(4671 Points)
Replied 22 February 2020
The concept is of Pure Agent where agent books ticket on behalf of Principal (clients), so depending on the quantum of turnover of commission receipt applicability of GST has to be decided.
The State have power to decide the turnover limit to be applicable for GST registration, say in Karnataka its 40 Lacs where as in other state its 20 Lacs.
The above provision is for mandatory registration, for voluntary registration no turnover limit applicable.
prince verma
(audit trainee)
(124 Points)
Replied 22 February 2020
SOHAN LAL
(Manger Accounts & Finance)
(363 Points)
Replied 23 February 2020
Kumar Sushank
(General Manager - Finance)
(1040 Points)
Replied 24 February 2020
@ Prince Verma: He will be liable to pay GST only after getting the registration, not earlier.
6 days Certification Course on GST Practical Return Filing Process
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