How GST dept will conclude that turnover is below 40 lakh?

Others 1042 views 13 replies

Today news paper news ,

no registration require for turnover below 40 lakh

doubt.

how the gst dept conclude the dealer have only turnover below 40 lakh

how the dealer make purchase on his name or fake name or firm name.

should any rule like that dealer have to keep all the accounts to state that turnover is below 40 lakh

please reply

Replies (13)
Ha ha ha ha ha ha ha ha ha....

Good Question. But, No answer.

If prepare any answer these then it's no way for logical / also illogical...
Only gst Officer can answer this....
Nothing Mr Vinod Babu.,

We can think/Consider the way...

- May be dept can trace bank transactions...
- In case cross check ITR...
- Some times scrutiny with other parties...



(Finally the said party have good time then he can escape these related problems. In case bad time then..........................................).
You are Right Raja sir...
good question..I could not able answer this question.
Is 40 lakh limit also applicable for professionals
Sir How they select this person...because he don't have registration...

first of all 4 0 Lacs limit depends whether selling is goods or services only for goods limit is increased not for services 

also limit increasing is in the hands of states 

Please read the query fully and understand the inbuilt/hiding matter....


also 40l not in force...
Department may verify with the ITR or bank account transaction.
In my opinion registration and accountability is must..can give relaxation like anualsubmission in a simple format...otherwise tendency for unnacoc*nt business will dominate...and regular dealers will again fooled...

NO... only in case of Goods.. 

It depends also upon each state to accept the amendment and choose to keep 20 lakhs or increase it to 40 lakhs.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details