If i voluntarily registered GST and my turnover is less than 10 lakh, should i file GSTR1..?

Rules 306 views 5 replies

If i voluntarily registered GST and my turnover is less than 10 lakh, should i file GSTR1 for my inter state supplies to customer?

and can i use the bank account that ive connected with GST for other non GST Transactions?

 

Thank you,

Replies (5)
If you have registered for GST then you have to file GST returns despite of turnover

jacinthamary sir,

Can i avoid filing commodities on GSTR1 if i bought those from unregistered vendor and supplied inter state customers online 

or should i have to pay the required taxes and file it?

If you buy from unregistered dealer then you are liable to pay RCM
it is mandate to supply with GST compliance for interstate
@ Mr Kamilrashid.,

If You are registered under GST then GST returns will be file if Your turn over is nil or above...

Yes... Tax is payable as per Your output (-) input calculations.

Rcm not applicable for the purchase from unregistered dealer...


Note : No details about Your business. So, replies only generally.
Once you register under GST then turnover becomes irrelevant for the purpose of filing GST returns.

So if you register under GST then you must file GST returns .You must collect GST on taxable supply and pay GST to govt.

You can use the bank account for non GST supplies.Its your wish if you want then you can maintain different bank account for internal control .


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