Applicability in view of gst


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 March 2017 During Dec 2016 i achieved turnover of taxable service to the extent of 9 lakhs. I registered for service tax. In end Jan 2017 my gross receipts were over 10 lakhs and so I started charging and paying service tax.
Next year if GST is introduced, limit for small service providers will be 20 lakhs and I am not likely to achieve that in 2017-18. My question is -- Am I required to continue charging service tax in April 2017 onwards till GST is implemented, i.e likely July 2017, or will I be exempt till I achieve gross receipts of 20 lakhs? Should I migrate to GST or ignore till I achieve 20 lakhs turnover, when I can take fresh registration under GST?

13 March 2017 Continue charging service tax till GST is implemented. Take fresh registration under GST once you cross turnover of 20 lacs.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 April 2017 Thank you for your advice. Does it mean I do not have to migrate to GST?

13 April 2017 Yes go for fresh registration in GST when turnover cross 20 Lacs.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details