Save BIG on 2-Yr Ad-Free CAclubindia Pro Membership. Subscribe Now!

Registration of gst for service provider

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

09 October 2017 We have two segment of income one is interest income and other is brokerage income. Interest income is exempted from GST and as per latest amendment service provider with total turnover of Rs. 20L is exempted to take registration of GST. If we combine both the income than our turnover exceeds 20L and if we take only brokerage income than our turnover is within 20L. My query is that should we take registration of GST. Please suggest what should be done?

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
Follow

09 October 2017 In GST aggregate turnover includes exempt supplies also and all turnover across a single PAN is to be taken into account for registration liability.

Querist : Anonymous

Querist : Anonymous (Querist)

10 October 2017 Thank you sir for your suggestion

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