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Registration

Registration 105 views 8 replies

Hitesh Gupta

75 Points Joined November 2017

If one has crossed 20 lakhs
on 1-7-2017
and has taken registration in November for composition
than from which date he his liable for gst

Replies (8)

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

As per rule GST liable from 1st July for your above said way.
But, You are not registered under GST.
So, When you registered under GST then you liabilities ll be start from the date of registration...

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

In my view.,
Also You can pay the output liability from 1st July outward supplies...

Hitesh Gupta

75 Points Joined November 2017

but in gst act it is given that
where an applicant submits application for registration after 30 days from the date he becomes liable to registration then
Effective date of registration is date of grant of registration

g mahesh Mundra

Business and tax consultant

3299 Points Joined September 2017

yes you are correct Hitesh Gupta your liabilities starts from the date of registration granted

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Yes... As per your view is correct if your turn over exceeding on or after November...

But, Your T/O exceeded on July and You ll taken RC on July month...