Hello,
Is GST registration mandatory for businesses having turnover below 20 Lakhs per Annum?
Shriya Mehta
(C.A.)
(398 Points)
Replied 28 December 2016
Currently there is no clarity on this question. Only a final GST Law release could help in this matter. Further I would like to say that if such business is already having a VAT registration, then it has to register under GST irrespective of its turnover.
milo266
(Employee)
(22 Points)
Replied 29 December 2016
He can surrender his Registration Number before GST becomes applicable.
You can read it in detail on this link-
https://gstindia.net/topic/registration-under-gst-if-turnover-below-18-lac/
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961