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Turnover exceed 20 lakhs in FY 20-21 but return not filled

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DEEPIKA BANSAL

STUDENT

23 Points Posted on 24 May 2021

Dear experts

A person has 194J income as per 26as which exceed the limit of 20 lakhs in march month. The person was unaware of the limt so didn't take gst registration and neither filed any gst return. The person is a lecturer in an institute which give online coaching to students which have headquarter in bangalore but the person is delivering his services from delhi. Also the invoice from same is generated in same month but amount will be credited next month. so plz suggest me further action. Is there any possibility that he can save this gst

Replies (2)

Quick Summary

An individual's income from online coaching services exceeded the 20 lakh GST threshold in FY 20-21, leading to a failure to register for GST or file returns. Despite the Bangalore headquarters and Delhi service delivery, the income was reported via Form 26AS. The individual is seeking advice on the next steps and whether GST can still be avoided, while also being advised to seek professional guidance for future compliance.

CA Altamush Zafar

GST Consultant

15986 Points Posted on 24 May 2021

As such legally GST applicable.

Apart from that you should take professional guidance as to what should be the way ahead because once GST registration taken then GST will be applicable on all further services irrespective of any limit or threshold.

You will also have to take regard as to how invoices will have to be issued and your dealing with the institute etc.