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23 Points Posted on 03 December 2020
Can I register by business under gst before exceeding turnover limit??
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On 03 December 2020 at 18:18 Report
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You can register your business for GST even if your turnover is below the mandatory threshold. The GST Act allows for voluntary registration under Section 25(3) of the CGST Act 2017. This means businesses with an aggregate turnover less than the prescribed limits (e.g., £10 lakh, £20 lakh, or £40 lakh) can choose to register voluntarily.

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1313 Points Posted on 03 December 2020
Yes, You can. Once a taxable person is registered under GST Act, he is bound to pay GST, even if his turn over is below the prescribed limit.
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On 03 December 2020 at 19:42
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23693 Points Posted on 03 December 2020
Yes you can apply for GST Registration on Voluntary basis. The GST Law vide Section 25(3) of the CGST Act 2017, allows person to register under GST on "Voluntary basis" i.e. registration is possible even if your Aggregate Turnover is less than Rs. 10 lakhs or Rs. 20 lakhs or Rs. 40 lakhs, as the case may be.
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On 03 December 2020 at 20:39
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574 Points Posted on 03 December 2020
Small businesses with turnover less than 20lakhs can voluntarily register under GST.
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On 03 December 2020 at 21:16

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