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niloy sanyal (account manager)     03 August 2021

GST Number Required

How many Annual Turnover is required for take New GST Registration Number in Service Provider as per GST LAw



 5 Replies

CMA Poornima Madhava

CMA Poornima Madhava (CMA)     03 August 2021

Registration is mandatory if the turnover is >₹20 lacs (except special category states). Voluntary registration can be applied for even without crossing the turnover limit.

sabyasachi mukherjee

sabyasachi mukherjee   03 August 2021

GST REGISTRATION IS OPTIONAL BUT NOT COMPULSORY. LETS TAKE AN EXAMPLE
A PERSON ENGAGED IN BUSINESS AND TURNOVER OF ONLY 50000 DURING A FINANCIAL YEAR IS NOT REQUIRED TO REGISTER UNDER THE GST ACT.
Sourav

Sourav (Student)     03 August 2021

For services turnover should exceed 20 lakhs rupees
Harsh Khemchandani

Harsh Khemchandani   03 August 2021

You can take Voluntary registration if needed.
Nidhi

Nidhi (Chief Accountant)     04 August 2021

If turnover cross 20 lakh (except special category states) than mandatory to take GST registration, otherwise voluntary u can takeq

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