Tanu (Manager) (85 Points)
12 April 2024Hi
We are a newly incorporated pvt ltd company.We would be selling online courses all across India.
Is GST registration mandatory for us and after registration do we need to charge and pay tax at applicable rate after registration as we would be away from threshold limit of 40 lakhs?
Nikhil Kaushik
(Fellow CA)
(85319 Points)
Replied 12 April 2024
1. selling courses would most probably attract lower threshold limit ie 20 lakhs unless what you are selling constitutes "selling of goods".
2. a lot of things come into play for gst registration when you are selling online such as payment gateway may ask for it.
Tanu
(Manager)
(85 Points)
Replied 12 April 2024
It means we wont be requiring to register our self under GST since beginning and can sell our courses till thresh hold limit of 20 lakhs all across India.
Nikhil Kaushik
(Fellow CA)
(85319 Points)
Replied 13 April 2024
yes. the requirement for registration triggers at 20 lakhs turnover.
CAclubindia
