is there any gst psyment for a supplier's bill less than 1 lakh or 2 lakh.
Replies (3)
Quick Summary
This discussion clarifies the GST payment obligations for suppliers. It addresses the question of whether GST needs to be paid on supplier bills below certain thresholds, specifically £1 lakh or £2 lakh. The consensus is that if a supplier is registered under GST, they are liable to pay GST from the first rupee, regardless of the bill amount.