gst registration
archana pitti (accountant and auditor) (111 Points)
02 September 2017
do i. need to register under gst evn if my yearly turnover is less than 20lacs...
12 Replies
MJ Monil Jasani
(75 Points)
Replied 02 September 2017
if you are commission agent registration is needed..... otherwise not
archana pitti
(accountant and auditor)
(111 Points)
Replied 02 September 2017
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
https://www.markettimestv.com/traders-registration-under-gst-may-be-necessary-for-turnover-below-20-lakh-42859
M Agarwal
(Consultant)
(228 Points)
Replied 02 September 2017
It is just Mr. Modi speaking. No official announcement from govt yet, no circulars, just disregad it.
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 02 September 2017
@ 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....
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)
Replied 02 September 2017
but there are many compliances which you follow
Yogesh
(Accountancy)
(258 Points)
Replied 02 September 2017
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)
Replied 02 September 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.
AND Act itself apply for registered persons....in GST.
so as per my knowledge....no need to registered.
MJ Monil Jasani
(75 Points)
Replied 02 September 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...
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...!!!")
(128096 Points)
Replied 02 September 2017
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.....
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.....
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