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Liable for gst

Pankaj Bajaj (CEO) (38 Points)

19 June 2017

We are a small guest house & are paying service tax since our turnover is Rs. 16 lakhs. We have got ourselves migrated to GST. But are we required to collect & deposit GST & file GST returns, since our turnover is below Rs. 20 lakhs. Dont we enjoy exemption from GST ? If yes, do we still have to file GST returns ? Please advise.

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5 Replies

Lalit Nagpal (Assistant Manager) (541 Points)
Replied 19 June 2017

As you already migrated to GST so you have to collect and pay GST to govt and file return.

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Pankaj Bajaj (CEO) (38 Points)
Replied 22 June 2017

So we could have continued to enjoy the exemption, if we didnot migrate from service tax to GST ?

rocky (accountant) (948 Points)
Replied 22 June 2017

yes, you have done mistake to get registered
you should cancel your GST registration. meet your GST practitioner (advocate) for the procedure. i think we can not cancel GST registration without a proper reason. discuss with your advocate about this

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Pankaj Bajaj (CEO) (38 Points)
Replied 25 June 2017

I have recently learnt that there is no automatic cancellation for service tax registered assessees. They have to necessarily migrate to GST & then cancel their registration by filing Form GST REG-29. Also by migrating to GST we are not getting registered but only getting a provisional registration. So the assessees registered with service tax & having turnover below Rs. 20 lakhs can apply for cancellationn of their GST provisional registration by filing GST REG-29. Is this correct ?