Dear Folks,
An entity is providing exempted services. However, it used to sale scrap in 2 to 3 years. Turnover of exempted services is in crores and that of scraps are approx 5 lakhs.
Kindly help, whether it requires GST registration considering Sec 23 or any other provisions.
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Replies (1)
You are generally not required to register if your total aggregate turnover (including both the exempt services and the scrap sales) is below the threshold of ₹40 lakhs (or ₹20 lakhs in special category states). However, if your total turnover exceeds this limit, you must obtain GST registration because your sale of scrap makes you a supplier of taxable goods, disqualifying you from the exemption under Section 23 of the CGST Act.
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