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Gst small service provider
SIR ,I AM A SERVICE PROVIDER AND THE RECEIPTS FOR EARLIER FINANCIAL YEAR IS LESS THAN 10 LAKHS , POST TO IMPLEMENTATION OF GST IF IN CASE IF I OPT FOR REGISTRATION THEN WHETHER I HAVE TO COLLECT SERVICE TAX OR NOT AND IF IN CASE I COLLECT SERVICE TAX ON BILL THEN
I WOULD BE LIABLE TO PAY TAX TO GOVERMENT BEING COLLECTION IS MADE ON THE PART OF GST
FURTHERLY IF I DONT GET MYSELF REGISTERED THEN MY CLIENT WOULD BE LIABLE TO PAY GST
PLEASE PROVIDE MY GUIDANCE FOR THE SAME
Replies (1)
In case your turnover is below 20 lacs, you need not register. In this case any registered person purchasing from you above 5000/- will have to pay tax under RCM...
In case your turnover exceeds 20 lacs and you get yourself regd in GST, you can charge GST from customer and pay to Govt and you can claim ITC of tax paid by you on your purchases. And in this case your customer will get ITC.
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