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Eligibility of GST Registration

12 July 2023

Dear Team,

I had obtained GST number in the FY2017-18 even tho my professional income was below 20 lacs.

Further, as I did not file the GST returns on time my GST number was cancelled by the department.

However, in the FY2022-23 my professional income was Rs.35lacs

Should I now reapply for GST number in the current year even if my income does not exceed Rs.20lacs?

Please help. Thanks.

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2 Replies

sabyasachi mukherjee (27223 Points)
Replied 13 July 2023

Pls chk threshold limit

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Pranjal Gupta (141 Points)
Replied 13 July 2023

Based on the information provided, it seems that you obtained a GST number in the FY2017-18, even though your professional income was below 20 lakhs. However, due to the failure to file GST returns on time, your GST number was cancelled by the department. In the FY2022-23, your professional income was 35 lakhs.

GST registration requirements can vary based on the jurisdiction and specific regulations in place. In general, GST registration is mandatory if your annual turnover exceeds the threshold limit set by the tax authorities. The threshold limit for GST registration may differ for different categories of businesses.

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