Gst liability

Hi 

I am not sure if my income in this financial year will cross Rs 20 Lakh. 

Q1. Will I still invoice my clients with GST invoice and pay GST ?

Q2. What happens if my services are over before income crosses Rs 20 Lakhs ?

Q3. Will I get a refund later for ZERO Liability of GST ? 

Q4, I would have claimed GST from my clients, so in case of any refund, would I still have to repay the GST to my clients ? 

Q5. For April I did not claim GST. Can I claim GST in case I have no choice but to pay GST now. 

Replies (2)
1. If Registered , then GST is applicable
2. If not registered , have to take registration
3. plz explain , later for zero liabilty of GST means
4. Yes (have pay GST on outward supply)
5. can claim in next month
in addition to this, if you cross the turnover 20 for service, 40 for material or any amount for interstate that movement onward you are liable to pay from first bill.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details