Dear Sir/Madam,
We had service tax registration. When the time of GST enrollment our TO was not more than 20 Lakhs. As GST is compulsory to all we have enrolled for the same and we have received the GSTIN.
Our company CA has suggested saying we can opt out from the GST hence our TO is less than 20 Lakhs. So we have not collected any GST from the clients in the same FY. Officially we have not terminated GST, but we have stopped collected GST.
CA suggested saying when our TO will be 20 Lakhs we can start collecting the GST and pay the same.
We would like take the export opinion on the same.
CAclubindia
