My exempted sale is 25 lakh and my taxable sale is 2 lakh GST on which sale and I am required to register for GST?

My exempted sale is 25 lakh and my taxable sale is 2 lakh GST on which sale and I am required to register for GST?

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2 Answer(s)

Your total turnover will be counted.. u must register yourself in gst bcoz u r selling taxable item.. it doesnt matter how much money. if your total turnover cross the exemption limit then u have to register in gst u can take composition scheme in gst

Answered on July 15, 2017.
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Since u r making taxable as well as non taxable supply. ur total exempted as well as taxable supply will be considered for determining threshold limit of Rs.20lacs and u need to take registration. in case of exempted supply issue bill of supply. and in case of taxable supply issue tax invoice. dont opt for composition if u opt for it then u will have to pay gst 1or 2% as the case may on ur total turnover in stare and not on only taxable turnover. in my opinion opt for regular tax payer.

Answered on July 15, 2017.
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Gen GST