I want to know is it mandatory to obtain GST Registration incase of a Transporter.
My client is into business of Transportation of Goods by road and has a turnover of around 100 crores and has taken 6 registrations for different states in his individual PAN. He falls under RCM so he doesn't have to pay any GST.
Please reply as my client is asking whether he can surrender his GST.
12 September 2020
Ok, If he is also earning warehouse rent income which exceeds 20 lacs, does he has to take registration in all the 6 branches. The 20 lacs amount exceeds only in 3 out of the 6 branches he has. Does he needs to be registered in all the 6 branches or only in 3 branches where rent income above 20 lacs is earned.
27 September 2020
Yes. In GST, turnover is calculated on PAN basis and not on GSTN basis. So, if the turnover in one state exceeds the prescribed amount, then you have to register in all other states too.
CAclubindia
