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GST Registration

Ajay S.Yadav (Student) (147 Points)

28 February 2021

In case of Maharashtra GST Registration is Compulsory, in case of service provider when the turnover exceeds Rs. 20Lakhs.Please confirm whether the GST is to be levied from Rs. 1 or billing done after turnover of Rs. 20Lakhs.

please clarify with reference. Thanks

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8 Replies

aaponly01@gmail.com (80 Points)
Replied 28 February 2021

GST applicable from the date of GST registration granted or cross the theresol limit.

ayusmita (Tax consultant) (5885 Points)
Replied 01 March 2021

If you're aggregate turnover exceeds rs. 20lakh then need registration but for special category state it is 10lakh for registration

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 01 March 2021

Gst registration is necessary if turnover exceeds 20 lakhs rupees in case of services

Ajay S.Yadav (Student) (147 Points)
Replied 01 March 2021

Thanks everyone for your valuable comments. But please confirm whether GST is to be charged on the sale made prior to GST registration too?

CA. Aditya Goel (Chartered Accountant) (681 Points)
Replied 01 March 2021

Please call me at Nine 8 7 3 3 7 7 7 02 to discuss this.
Regards,

CA. Aditya Goel

Divyam Agarwal (Practicing Chartered Accountant) (959 Points)
Replied 01 March 2021

If turnover is exceeded in the mid of the year, then GST is to be charged on the remaining bills.
If GST Registration is taken from the beginning of the FY, then GST is to be charged from first bill only.

CA. Aditya Goel (Chartered Accountant) (681 Points)
Replied 02 March 2021

you also need to revise the invoices issued from the effective date (date when turnover exceeds / liable to register) till the grant of GSTIN. also dont forget to claim ITC on the inputs and input services subject to certain conditions and filing the necessary forms.

hope this clarifies.

Regards,

CA. Aditya Goel