CALCULATION OF TURNOVER FOR GST REGISTRATION THRESHOLD LIMIT

NISHANT SHAH (Tax Practioner) (230 Points)

09 December 2019  

A PERSON IS RECEIVING RENT OF Rs. 10.00 LAKH P.A. FROM HIS COMMERCIAL PROPERTY IN KARNATAKA. NOW HE IS STARTING AN ARCHITECT FIRM IN RAJASTHAN WHOSE TURNOVER WILL BE APPROX 15 LAKH P.A.. THUS HIS TOTAL RECEIPT WILL BE Rs. 25.00 LAKH APPROX, WHICH IS ABOVE THRESHOLD LIMIT FOR GST REGISTRATION. DOES HE NEED TO OBTAIN GST REGISTRATION ON THE GROUND OF TURNOVER ABOVE 20.00 LAKH ON SINGLE PAN OR SINCE TURNOVER ARE FROM 2 DIFFERENT STATES THEN HE NEED NOT TO REGISTER UNDER GST ACT?