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GST registration

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Hitesh rawal

402 Points Posted on 06 March 2021

Party is having Turnover less than 40 Lakh so as per GST No registration is need in this case if i wanna purchase good from out state than GST registration should be taken or we can Run business without registration by doing interstate purchase.

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Quick Summary

If your business turnover is below £40 lakh, you generally don't need GST registration. This applies even if you plan to make purchases from other states. GST regulations primarily restrict interstate sales for unregistered businesses, not purchases. Therefore, you can typically conduct interstate purchases without needing to register for GST.