Gst registration for ongoing concern
This query is : Resolved
05 December 2024
I am a professional, during the year upto November my income is 19 lakh and it will cross 20 lakh in december month. In this scenario if i'm get registered what will be my gst liability. Is i liable to issue gst invoice in excess of 20 lakh or is it required to pay gst on my entire income
05 December 2024
No. Not from beginning of the year, but from the date of registration.
05 December 2024
So, the supply made by me prior gst registration is not liable to gst? Right
05 December 2024
Yes, correct.
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