Gst exemption

Faraz (Student) (236 Points)

07 July 2017  

Here is my query:

Suppose a supplier of goods takes registration under GST on voluntary basis. His annual turnover is 1 lakh only.

1. Is he liable to pay tax?

2. The turnover limit specified u/s 22 (i.e 20 lakh) is for registration only or is a basic exemption for every year?