If person has not cross the limit of Rs. 20 lakh as his turnover in preceding year
but however he hold Service tax registration as per old requirement.
Is he liable to take GST registration. ?
6 Replies
Vinod Araveti
(Practicing CA)
(1180 Points)
Replied 10 May 2017
Yes...it is mandatory to get register under GST.. however after that you can apply for cancellation of registration...
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 10 May 2017
No he is is not liable to register under GST.
Studentsca
(CA Practice )
(3577 Points)
Replied 10 May 2017
He is compulsorily required to register himself for GST under section 22(2) of the CGST Act.
Studentsca
(CA Practice )
(3577 Points)
Replied 10 May 2017
If your turnover does not exceed 20 lakhs then registration can be cancelled subsequently. However you have to register now as you were holding Service Tax Registration.
rajat singh
( CA Final)
(23 Points)
Replied 10 May 2017
AS YOU ARE HOLDING SERVICE TAX REGISTRATION ..
YOU SHOULD MIGRATE IT TO GST..
HOWEVER SINCE YOUR TOTAL TURNOVER IS NOT EXCEED 20 LAC..
YOU CAN APPLY FOR CANCELLATION AS PER GST LAW.
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