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Voluntary Registration Query
If my company does not cross the threshold limit but voluntarily applies for GST then is it liable to Pay GST liability from very 1st invoice or on invoices after it crosses 20 lakhs turnover amount ?(Company does not want to avail Input credit)
Replies (1)
under GST you as a registered unit have the number , when you purchase your number will be put in invoice and you need to confirm the purchases, like wise when selling the buyer will definitely ask for invoice and with GST..... so much so that you cannot avoid being in the system... thats what economy experts wants... hence be in one india , one nation , one market , one tax and enjoy the fruit of reforms
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