Who Requires To Get GST Registration

02/06/2018 Financial & Legal Services

Price: 2000.00 ₹

Description

As per Section 22 of the CGST/SGST Act 2017, each supplier (agent included), who makes a taxable supply of goods/ services as per the GST law and his aggregate turnover in a financial year is more than the threshold limit of Rs. 20 lakh, will be liable to register themselves in the State or the Union territory from where the taxable supply is made. For 11 special category states as per Art.279A(4)(g) of the Constitution of India, threshold limit is Rs. 10 lakh.
Section 24 of the Act mentions some categories of suppliers, who require to be compulsorily registered even if their aggregate turnover is below the prescribed threshold limits.
Section 23 of the Act mentions that an agriculturist for his agricultural produce and personssolely involved in supply of non-taxable or wholly exempted goods/services under GST law requires no registration.

More Details

Total Views:13
Reference Id:#1126198
Phone Number:9870310368
Website URL:Click To Visit
Current Rating: /5 0 Vote
Copyright © 2019 |   All Rights Reserved |   tuffclassified.com |   24x7 support |   Email us : info[at]tuffclassified.com