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  1. Aug 19, 2019 · Registration under GST is state centric. As per Sec 22 (1), every supplier shall be liable to be registered under GST, in the State or Union territory, from where he makes taxable supply of goods or services or both, if his aggregate turnover in a F.Y exceeds threshold limit. In case of inter-state supply of goods, registration is mandatory ...

  2. May 4, 2020 · The income received from renting of residential property is to be included in the aggregate turnover for GST registration, though it is an exempted supply. Issues Involved: 1. Determining Supply Components forming part of Aggregate Turnover. 2. Whether all supplies form part of aggregate turnover. 3.

  3. Jul 10, 2023 · The Goods and Services Tax (GST) threshold limit sets the minimum annual turnover that necessitates businesses, whether they are Sole Traders, Companies, Partnership Firms, or LLPs, to register for GST. It’s important to note that the GST Threshold Limit is distinct for Services and Goods but remains consistent across different types of ...

  4. Jun 7, 2023 · No, As per section 25(2) of CGST Act, 2017, Every person who is liable to take a registration will have to get registered separately for each of the States where he has a business operation (and making taxable supplies) provided his aggregate turnover exceeds the applicable threshold limit.

  5. Dec 13, 2022 · GST registration applies to all commission and brokerage income irrespective of the turnover limits of the taxpayer. “Persons who make taxable supplies of goods or services or both on behalf of other taxable persons whether as an agent or not are required to take registration regardless of turnover,”

  6. Threshold limit of aggregate turnover for exemption from registration and payment of GST for suppliers of services would be Rs. 20 lakhs and Rs. 10 lakhs (for States of Manipur, Mizoram, Nagaland and Tripura). Threshold limits of aggregate turnover for exemption from registration and payment of GST for the suppliers

  7. Feb 8, 2023 · All enterprises with an annual turnover of Rs 40 lakhs (Rs 20 lakhs for special category states) or more are needed to register for GST. This is referred to as the yearly turnover threshold limit for GST registration. It’s vital to remember that the yearly turnover threshold limit for GST registration is based on your complete business’s ...