What would be the tax treatment? If 10 lakh but less than 20 lakh turnover exceeds?

Whether registration under Gst is required for the existing service provider whose taxable turnover exceeds 10lakh but less than 20 lakh. If yes, what would be the tax treatment?

Add Comment
5 Answer(s)

Under GST regime turnover limit is 20 lacs it means if you have turnover is not exceed 20 lacs then you dont need to be registered under GST

Answered on May 30, 2017.
Add Comment

However if you are undertaking any IGST transaction then registration becomes mandatory. in services cases many times IGST transaction is very common

Answered on May 30, 2017.
Add Comment

Registration threshold in GST is 20 lakhs. Limit of 10 lakhs is for assesses registered in specified Ares ( northeastern regions)

Answered on May 30, 2017.
Add Comment

As per final registration rule Every person registered under any of the existing laws, who is not liable to be registered under the Act may, within thirty days from the appointed day, at his option, submit an application for cancellation of the registration granted to him.

Answered on May 31, 2017.
Add Comment

If you are registered under current service tax than it is compulsory to migrate and after cancel the GST registration.

Answered on June 1, 2017.
Add Comment

Your Answer

Gen GST