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Income Tax & GST Related
Dear experts, A. Y 2020-21 My Gross receipt is 3468212/- my Net profit is 451830/- my work is yarn spinning as Job works. I m not registered under GST. Only two year income tax return submitted. BUT THIS YEAR A. Y 2020-21 EXTRA WORK IN THIS YEAR. AS PER INCOME TAX NO TAX LIABILITY. BUT I CONFUSE IN GST MATTER. CAN I COMPULSORY IN GST REGISTRATION. AND THIS YEAR A. Y 2021-22 I close this work. These job work is not parmanent. Pls suggest me.
Replies (5)
Quick Summary
You should have been registered under gst
But ab kya krna chahiye
Just file ur income tax return properly and as ur not registered under gst , be ready for future notices if any comes for gst
Kya ab gst no le
No just be as it is as time already gone for it
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