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Is gst number required if turnover is less than 10 lakh

Sarika (Others) (64 Points)

14 September 2017

I am running a very small IT company as proprietor.
Total turnover is less then 10 lakh.
Currently I have only 1 current account. I don't have an any other document of my firm like VAT number, registered document etc.
Do I need to get GST number or I can raise Invoice without GST number.
Please advice.

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23 Replies

MAHENDRA KUMAR BAGRECHA (FCA) (1402 Points)
Replied 14 September 2017

you have to refer section 24 of cgst act also to find out conditions for mandatory registration along with turnover criteria. if you receive any service or goods from unregistered person then you will have to pay GST under reverse charge and for doing this, registration needs to be taken.it is my view. other experts views are also welcome.

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venkateswararao (paid assistant) (132 Points)
Replied 14 September 2017

IT services comes under services ,then registration required irrespective of turnover

Ajay Kumar (Account Supervisor) (129 Points)
Replied 14 September 2017

for inter state sale you required GST no

SUMITMAURYA (PROPRIETOR) (27 Points)
Replied 15 September 2017

No if domestic turnover is less then 20 lacs in normal state and 10 lacs in special states then gst number is not required

Shameem (Job) (242 Points)
Replied 15 September 2017

ya if your turunover is below 20 lac and you are not making inter state sale there is no need to obtain registration.

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RAJA P M ("Do the Right Thing...!!!") (127921 Points)
Replied 15 September 2017

@ Sarika.,
One question here...
Your services to Registered dealer or Unregistered dealer...?

Sarika (Others) (64 Points)
Replied 15 September 2017

I am developing software/wesites for my end customers they can be any like a Manufacturar, Dealers, Shopkeepers, Scholls, Hotels, etc . They are based on multiple Indian states and outsite from INDIA.

Shameem (Job) (242 Points)
Replied 15 September 2017

I think you have to register under gst If you are supplying services outside india.

RAJA P M ("Do the Right Thing...!!!") (127921 Points)
Replied 15 September 2017

@ Sarika.,
End Customers are registered then Why not you take GST registration...?
Bcoz, This URD conditions like effect your business going down.. So, You can take Registration under GST...

Also your supply of Services to outside states you must take Registration under GST....

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Sarika (Others) (64 Points)
Replied 15 September 2017

Technically its making bad effect on my business.. for example.. I raise invoice for Rs.100 to U.S …
Till now, there was no TAX applied…but with GST I need to add 18% so this makes Invoice amount 100 + 18 = 118/-
Now my clients are not ready to pay additional taxes specially outside from India. So if I still raise invoice for Rs.100/- then it should be like 84.8 + 15.26 (tax) = 100.06/-
And this way its making my profit lesser…