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turnover exceed 20 lakh
My turnover exceed 20lakh by last bill which was 2 lakh. Actually my sale was 19 lakh so i didn't take registration. Now my sale is 21 lakh. Whether i am liable for entire gst for entire 2 lakh or only 1 lakh.
Replies (2)
Apply for registration, and add the last bill of 2 lakhs as soon as your application is approved.
You will be required to pay GST over the last bill of 2 lakhs and all future transactions.....
U need to get registered when your turnover exceeds 20 lakhs within 30 days and pay gst on 1 lakh rupees.
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