Professional
1427 Points
Posted on 06 June 2018
Related provision is - RWAs shall be required to pay GST on monthly subscripttion charged from its members if such subscripttion is more than Rs.7,500 per month per member. Further, the annual turnover of any RWA by way of supplying of services and goods has remained unchanged at up to Rs 20 lakh, any amount more will attract GST taxation of 18%.
Hence, in your case, as the turnover is exceeding Rs.20 Lakhs, it's better to obtain GST registration and declare the turnover under exempted supply.