i have gst no. but my turnover is below 20 lakhs. And i am paying hst at 5%.
do i have to pay further?
Applicable for gst
Replies (2)
Quick Summary
20 lacs is threshold for the liable to register under GST
NOT for the tax liability
Conclusion : YES you have to pay taxes and file return
The Tax Rate is not applicable as per Turnover of Taxpayer .
So charge & collect GST as per HSN of Goods or services as applicable.
Once you got Registration you are liable charge & collect GST
So charge & collect GST as per HSN of Goods or services as applicable.
Once you got Registration you are liable charge & collect GST
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