Shall I need gstn, as I have already paid the tax, while I have purchased?

I have a shop whose monthly sales is around 2-3 lakhs and annual sales are around 40-50 lakhs, I buy from wholesalers from by district and sell them to the customers in the same district, shall I need gstn, as I have already paid the tax while I have purchased.

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4 Answer(s)

If trading in taxable goods than compulsory registered in gst.

Answered on July 7, 2017.
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Only up to 20 LAKH yearly sales and purchase is free of registration. As you mention your turnover goes around 40-50 lakh, registration in GSTIN is inevitable.

Answered on July 7, 2017.
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Yes you should as your turnover exceeds required limit under gst act.

Answered on July 7, 2017.
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Yes. u need to register urself as u cross the gst limit of 20 lakh.

Answered on July 7, 2017.
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Your Answer

Gen GST