gst registration

Registration 224 views 12 replies

archana pitti

accountant and auditor

111 Points Joined August 2014

do i. need to register under gst evn if my yearly turnover is less than 20lacs...

Replies (12)

MJ Monil Jasani

75 Points Joined June 2017

if you are commission agent registration is needed..... otherwise not

archana pitti

accountant and auditor

111 Points Joined August 2014

GST के तहत अब 20 लाख से कम टर्नओवर वाले छोटे कारोबारियों को भी करवाना होगा रजिस्‍ट्रेशन, PM मोदी ने दिया टैक्‍स अधिकारियों को निर्देश
https://www.markettimestv.com/traders-registration-under-gst-may-be-necessary-for-turnover-below-20-lakh-42859

archana pitti

accountant and auditor

111 Points Joined August 2014

what about this then?

M Agarwal

Consultant

228 Points Joined March 2014

It is just Mr. Modi speaking. No official announcement from govt yet, no circulars, just disregad it.

MJ Monil Jasani

75 Points Joined June 2017

please give offical notification about that

MJ Monil Jasani

75 Points Joined June 2017

please give offical notification about that

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

@ Archana pitti.,
If you want registration under GST then you can also register under GST as a dealer. No more restriction for Valundary basis registration....

MJ Monil Jasani

75 Points Joined June 2017

but there are many compliances which you follow

Yogesh

Accountancy

258 Points Joined December 2008

Ms. Pitti,

As per section "24(iii) of the CGST Act'2017, no threshold exemption would be applicable when liability to pay GST on goods/ services is under Reverse Charge" and most of the the items have been taken under RCM, so pls. check out with those items, probably you would a;sp be liable to register.

Thanks & Regards,

MJ Monil Jasani

75 Points Joined June 2017

sir but this examption is for registered persons not unregistered......they are not in GST.

AND Act itself apply for registered persons....in GST.

so as per my knowledge....no need to registered.

MJ Monil Jasani

75 Points Joined June 2017

and Mr.Yogesh...

with all respect, I want to correct you that section 23(iii) is for those person whose services are under RCM. i.e. legal and GTA

So for those persons registration is necessary.

regards...

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

Valundary registration is available in GST.
In case a URD dealing his business to register dealer. Then the registered dealer can't like URD purchases coz he ll be pay Tax under RCM basis. Then he is going to change the business to registered dealer...
So, Some situation a person want registration under GST if his turn over limit less than 20lakhs.....