GST Late Registeration

If the denial of registration was not due to negligence of the registered person, then the department cannot impose any penalty. However, you need to raise revised invoices for 21 lakhs rupees (61-40) when the GSTIN is alloted

Thank you so much ...

But what about the gap of 20 lakh 

Originally posted by : Mujeeb Doi
	If the denial of registration was not due to negligence of the registered person, then the department cannot impose any penalty. However, you need to raise revised invoices for 21 lakhs rupees (61-40) when the GSTIN is alloted

What about the 20 lakh difference

Umm, sorry if the registration limit applicable is 20 lakhs then the revised invoice needs to be issued for 41 lakhs (61-20)

Penalty may be attracted as Registration is made after turnover exceeded 20 lakhs rupees.
Penalty for Not Registering under GST
According to the section 122 of CGST Act, any taxable person who fails to register under GST even if he/she is legally bound as per the GST Act needs to pay the following amount of penalty: 10,000 INR or amount of tax evaded whichever is higher.

Every registered person who has been granted registration with effect from a date earlier than the date of issuance of certificate of registration to him, may issue revised invoice in respect of taxable supplies effected during the period starting from the effective date of registration till the date of issuance of certificate of registration.