20 July 2017
Sir, I am not registered under Vat or service tax and my turnover in previous year 16-17 was 45lakh but from 1st April 2017 to 30june2017 is 10lakh then can I wait for gst registration until it goes to 20lakh and continue my billing with older format?
21 July 2017
Not liable for registration as you were not registered up till now under any of the existing acts. Also since your turnover in this financial year has not crossed Rs. 20 lakhs you are not required to register compulsorily. However you can register voluntarily.
CAclubindia
