Requirement for registration under GST

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116 Points Posted on 11 July 2020
How much annual turnover attracts the compulsary
Registration under GST at present?
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On 11 July 2020 at 14:28 Report
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This discussion clarifies the compulsory registration requirements under GST. While some individuals must register regardless of turnover as per Section 24 of the CGST Act, there are specific annual turnover thresholds. For most states, this is ₹20 lakhs, but for the supply of goods only, it can be ₹40 lakhs in certain states. Chandigarh, for example, has a ₹40 lakh threshold.

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GST Practitioner & Accounts
15150 Points Posted on 11 July 2020

 Compulsory  registration   is  irrespective  of  the   turnover . you have to register under GST  as per  section 24 of the CGST act 2017 . 

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On 11 July 2020 at 14:36
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116 Points Posted on 11 July 2020
I meant to know sir, that the threshold turnover which is required to be a registered dealer at present times
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On 11 July 2020 at 14:48
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GST Practitioner & Accounts
15150 Points Posted on 11 July 2020

20 lacs  in same states  and 40 lacs  only for supply  of  Goods not  services  in same  states . What is your state Sir ?. 

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On 11 July 2020 at 14:51
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116 Points Posted on 11 July 2020
Chandigarh, sir
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On 11 July 2020 at 14:52
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1313 Points Posted on 11 July 2020
Your threshold limit is 40lakhs
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On 11 July 2020 at 18:44
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116 Points Posted on 11 July 2020
Thanks & Regards
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On 11 July 2020 at 18:57
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4215 Points Posted on 12 July 2020
Your thereshold limit under GST Act is40lacs
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On 12 July 2020 at 16:56

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