is gst is required to be paid on Rs 20.00 lac threshold, when we cross the exemption limit of Rs 20.00 lacs for new registration in case of composition dealer. Kindly reply.
Relevant section and link.
Menu
Liability for gst on crossing threshold limit.
Replies (1)
As per the provision prescribe jn Section 32 of CGST , the person is not liable to collect & Charge GST. So that means only Registered person liable to pay GST & the threshold limit define in section 22 of CGST once crossed the person is liable to get himself registered , hence he is liable to pay gst only after the registration (on supply made after limit of 20lacs)
Note :
Note :
Recent Topics :
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
Related Topics :
CAclubindia
