GST return and ITR return

Is filing for return for GST mandatory? Is filing for return for GST different from ITR? Is it that both GST return and Income tax return have ti be filed for an individual?

Replies (2)
Quick Summary
This discussion clarifies the differences between Goods and Services Tax (GST) returns and Income Tax Returns (ITR). It explains that GST registration is mandatory if your turnover exceeds specific thresholds (₹20 lakh, or ₹10 lakh in special states), unless you operate entirely in cash. Filing an ITR is mandatory if your annual income (turnover minus expenses) exceeds ₹2.5 lakh for individuals. Therefore, both GST and ITR filings can be mandatory depending on your business turnover and personal income.

If turnover exceeds 20 lacs (10lacs in special states except HP assam and jk) in gst then u have to register under gst ...unless u work fully in cash 😆

and fir income tax it is mandatory of ur income ie....turnover minus expenses increase rupees 250000 for individual



yes.....both are mandatory of above the limits crossed

Durgesh

What do you mean by fully operating in cash? The income comes from an organization where the individual provides services. Is it normally people takes this high valued income completely in cash in the financial year?

Tax Jankari

Please reply in English.

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