Goods and service tax

uppili (FM) (45 Points)

19 January 2018  

I have a query on GST. 

Business having less than the prescribed limit need not register for GST.

What happens if the turnover exceeds the limit (eg., the turnover upto Dec is Rs. 19 Lacs; In jan the turnover reached Rs. 21 Lacs ( surpasses the limit of Rs. 20 Lacs). Do we need to calculate GST for Rs. 1 Lac or for the whole of Rs. 21 Lacs ?