Regular Scheme & Composition Scheme

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This discussion clarifies GST obligations for Indian OIDAR service providers, specifically matrimonial websites. It addresses the Rs. 20 lakh turnover threshold for services and explains how to calculate and pay GST once this limit is exceeded. The advice confirms that GST registration and payment become mandatory from the point of exceeding the threshold or from the date of registration, whichever is earlier.

RangaRajan J

RangaRajan J (Querist)

30 April 2021 Respected Experts,

I am a registered owner of Matrimonial Website and my business comes under indian OIDAR service provider. I understand that for services the threshold turnover limit is rs.20 Lakhs for the Financial year.

When i file GST return how do i pay GST? Please refer the example i have given below.
for April 2021 my income is 6 Lakhs. I will file NIL GST return for this month.
for May 2021 my income is 8 Lakhs. (aggregate turnover is 14 Lakhs) NIL GST return.
for June 2021 my income is 10 Lakhs (aggregate turnover is 24 Lakhs)

but for June 2021 my aggregate turnover exceeds rs.20 Lakhs for SERVICE PROVIDER.
So I pay GST 18% for only rs.4 Lakhs (taxable value) And subsequent months from July 2021 I will pay GST according to the income of that particular month.

Please advice me if my understanding is CORRECT.

Thanks in Advance
J RANGARAJAN

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

01 May 2021 Register under GST in June 2021 and pay GST for 4 lacs and thereafter every month.
If you have already registered under GST you have to pay GST from the date of registration irrespective of turnover.

Message likes : 1 times

RangaRajan J

RangaRajan J (Querist)

03 May 2021 Thank you CA R. Seetharaman sir.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

03 May 2021 You are welcome............

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