Please help me.
Please advise the person who is engaged in providing services like consultation, freelancer trainer but he is earning less than Rs.3 lakhs per annum. Is it mandatory for him to registered under GST and get the GST no. for his income.
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GST Registration
Replies (8)
No need for a registeration
If his clients demands ITC then he must take GST registeration for avoiding the chance of lossing clients
If your receipts/turnover exceed 20 Lakhs, you need to get a GST number.
Thanks Mr Sarath and Pranjali for the knowledge.
Yes no need to take gst registration....
Since your Aggregate Annual Receipts/ Turnover is less than ₹20,00,000 , you are not required to get registered under GST.
But I also agree with Sarath Sir. If your client demands for ITC, then opt for GST Registration.
But I also agree with Sarath Sir. If your client demands for ITC, then opt for GST Registration.
No need to take GST registration at all. Moreover , I beg to differ with the opinion of Mr. Shivam RC & Mr. Sharath. They have said, take RC if the client demands ITC. My opinion is if you take RC, you will charge GST in your bill and they take ITC. Even if you don't get RC, they have to pay ITC on RCM basis and they can take ITC of it as well. So there is no difference whether you register or not.
I was also of the same view, but wanted to be confirmed.
Whether GST registration required for an assessee who is involved into marketing of agri products (exempted under GST provisions)?
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