Is GST mandatory for Pvt Ltd company

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Managing Director
23 Points Posted on 31 December 2020

Hello all

i have a Pvt Ltd company with turnover about 10-12 Laks by service to telecom company

is it mandatory for us to get a GST registration??

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On 31 December 2020 at 21:23 Report
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Quick Summary
This discussion clarifies whether a Private Limited company with a turnover below the threshold requires GST registration. For services, the current threshold is £20 Lakhs, and for goods, it's £40 Lakhs. If your company's turnover remains below these limits, GST registration is not mandatory. Ensure you have documentation for any previous GST cancellation and have filed the final return.

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378 Points Posted on 31 December 2020
Not required
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On 31 December 2020 at 21:45
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Managing Director
23 Points Posted on 31 December 2020

we had a GST registration earlier that we have surrendered few months ago

now doing business (pvt ltd firm) without GST

turnover is still bellow 12 L

providing service to telecom company

 

is that a problem ??

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On 31 December 2020 at 22:06
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378 Points Posted on 31 December 2020
No issues. Just get all the updates of GST Camcallation and file the Final Return
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On 31 December 2020 at 22:16
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Tax consultant
5895 Points Posted on 01 January 2021
In my opinion gst is required
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On 01 January 2021 at 00:00
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Accountant
3662 Points Posted on 01 January 2021
Registration under GST is not required if your Turnover below threshold limit
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On 01 January 2021 at 00:52
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STUDENT
1631 Points Posted on 01 January 2021
Goods - Turnover Limit - 40 Lakhs
Services - Turnover Limit - 20 Lakhs

Therefore no need .
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On 01 January 2021 at 13:46

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