Gst for small business
This query is : Resolved
Shona Naik
(Querist)
30 June 2017
Can you tell me Gst applicable to turnover below 20 lakh . Gst Migration No Allotted but can u tell me return filling is compulsory for above category turnover.
CA R SEETHARAMAN
(Expert)
30 June 2017
Gst not applicable to turnover below 20 lakh. Apply for cancellation of Gst Migration.
Shona Naik
(Querist)
30 June 2017
but if turnover exceed in future then why cancelled Gst No
26 July 2024
GST Migration: If a business has been allotted a GSTIN during the migration process, it is treated as a registered entity. As such, it must follow the compliance requirements for GST, including return filing, regardless of turnover.
Annual Return Filing: All registered entities, including those with turnover below ₹20 lakh if they opted for voluntary registration, must file an annual return (GSTR-9).
Annual Return Filing: All registered entities, including those with turnover below ₹20 lakh if they opted for voluntary registration, must file an annual return (GSTR-9).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Nursery business
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
