Gst registration
Sagar Sahu (9 Points)
28 November 2018
I have a small business. and my monthly turnover is around 1 lakh . can I apply for gst no.?
3 Replies
Mayur Patil
(Article)
(1276 Points)
Replied 28 November 2018
If you falls in special category state then your yearly turnover comes to 12L. The moment when your turnover exceeds 10L you've to compulsory requires to register.
Special category states are as under.
Arunachal Pradesh
Assam
Jammu & Kashmir
Manipur
Meghalaya
Mizoram
Nagaland
Sikkim
Tripura
Himachal Pradesh
Uttarakhand
Special category states are as under.
Arunachal Pradesh
Assam
Jammu & Kashmir
Manipur
Meghalaya
Mizoram
Nagaland
Sikkim
Tripura
Himachal Pradesh
Uttarakhand
Divyani Choubey
(38 Points)
Replied 28 November 2018
Rightly said @ mayur patil I would like to add something, there's proviso in the act which says even if your turnover is below the threshold limit you can opt for registration.. There's no such compulsion its optional
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