I am planning to offer my professional consulting services. A website/personal blog has been made for same. I will advertise same on platforms like Google/Facebook. Expected Cost of advertising will be appx . 25000 year. Expected Revenue is 500000 year. Services will be provided all over India. Is GST Registration required?
Saravanan nagaraj
(463 Points)
Replied 29 January 2024
GST threshold limit for service providers Rs.20 lakhs. When your overall receipts cross this limit. You are required to register under GST.
If you are rendering service through E-commerce Operators, GST registration is mandatory less than 20 lakhs.
As you said your expected revenue Rs.5 lakhs per annum. Threshold limit is applied on your gross receipts not net profit.
If i render services from my own website only. For Example if i offer return filing services all over india basis and take payment by bank transfer or upi.
(the amount i will pay to google/facebook is to advertise my own website only)
1. Will i be considered as e-commerce operator
2. Will i be considered as casual tax payer.
Will 20 lakh exemption for interstate supply of services apply in above case?
Saravanan nagaraj
(463 Points)
Replied 29 January 2024
1) Service providing through own portal will not consider as an E-commerce. You don't to register under GST.
2) No casual trader.
3) as above all questions you asked it is applicable for only Goods. Not for services.
4) when your consolidated gross receipts cross 20 lakhs per annum. You are required to register under GST. Otherwise, you don't need to register.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 29 January 2024
sabyasachi mukherjee
(27574 Points)
Replied 29 January 2024
| Originally posted by : sabyasachi mukherjee | ||
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Sec 22 gst act. But everyone is pressing hard fir gst registration |
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What does it mean? i have operate on very slim margin and paying 18% will make this business nonviable for me . So please i want clear answer weather registration required in above case or not. From above thread it seems 2 members are saying no while 1 saying required. Please add your input if you are reading this thread and have knowledge of same matter.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 01 February 2024
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 01 February 2024
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 01 February 2024
CAclubindia
