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gst

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(Querist)
15 June 2017 sir it is said that we have to register and pay gst if the turnover exceeds 20 lakhs. assuming that our turnover does not exceed 20 lakhs we have not collected​ gst but the turnover has exceeded 20 lakhs.what will be the consequence
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Amol S Joglekar

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Amol S Joglekar (Expert)
15 June 2017 beyond 20 lakh : if you have not collected GST....then you need to pay it from your pocket
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advith reddy

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advith reddy (Querist)
16 June 2017 I have collected gst beyond 20 lakhs but what about first 20 lakhs
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Amol S Joglekar

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Amol S Joglekar (Expert)
16 June 2017 first 20 lakh, you need NOT collect GST.
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