a person registered under the vat law as per old scheme whether he is liable to be registered under gst act
if his turnover is less than 40 lakh
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Under sec 22(2)
Replies (2)
Quick Summary
It is hardly matters whether he was registered in Erstwhile Act , but at present if he is engaged EXCLUSIVELY in supply of GOODS is liable to obtain Registration in term of Section 22 of CGST Act (40 lac threshold limit "exclusively goods" being inserted by Notification 10/2019 CT) .
Note : Effective from 1/4/2019
Note : Effective from 1/4/2019
Yes... I agreed to Mr Pankaj Rawat Ji reply.
@ Mr Abhishek Trivedi.,
Yes... The person liable to register under GST act as per said section. It's also applicable FY 17-18 from July-17. At that same time threshold limit is Rs 20 lakhs (for SCS 10lakhs).
@ Mr Abhishek Trivedi.,
Yes... The person liable to register under GST act as per said section. It's also applicable FY 17-18 from July-17. At that same time threshold limit is Rs 20 lakhs (for SCS 10lakhs).
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