MY TURNOVER IN THE MONTH OF APRIL MAY AND JUNE IS 2.5 LAKH AND THEREAFTER TURNOVER FROM JUNE TO TO TILL DATE IS 18.5 LAKH .
SO DO I NEED TO TAKE REGISTRATION??? BECAUSE IF I CONSIDER PRE GST TURNOVER AND POST GST TURNOVER THEN IT IS MORE THEN 20 LAKH BUT LOGICALLY THE TURNOVER SHOULD BE POST GST I.e. TURNOVER AFTER JULY , WHICH IS ONLY 18.5 LAKH . LESS THEN THRESHOLD LIMIT OF 20 LAKH.
HELP ME TO FIND OUT THE APPROPRIATE SOLUTION FOR THIS.
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Replies (4)
Yes you are liable to obatin registration
Turnover to be counted on yearly basis i.e. for the whole Financial Year...so in your case you are required to take the registration
Yes... GST Registration required in your case..
Yes... Your turn over is exceeded Rs. 20 lakhs then you need to register under GST
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