BUSINESS DEVELOPMENT MANAGER
1697 Points
Joined February 2019
A business whose aggregate turnover in a financial year exceeds Rs 20 lakhs has to mandatorily register under GST. This limit is set at Rs 10 lakhs for North Eastern and hilly states flagged as special category states. Also, the definition of taxable turnover has been changed to aggregate turnover.
Going by the definition of aggregate turnover, Mr. A is required to register under GST because his aggregate turnover exceeds the threshold limit of Rs. 20 lakh.
Further, Mr. A does not have the option to register as a composition dealer because this aggregate turnover exceeds the threshold limit of Rs 1 crore (Rs 75 lakhs for special category states).