Ascertaining of total turnover for threshold limit fixed in GST.

[samiuddin ansari]

Sir,

Under GST, the threshold limit for exemption has been fixed for ₹ 20 lakhs for the supplier of taxable services and ₹ 1.50 Crore for the supplier of manufactured taxable goods for getting registered with GST. However, I need your suggestion as to whether manufacturer engaged in manufacturing taxable goods having a turnover less than threshold limit but also supplied services have more than 20 lakhs in a financial year, has to apply for registration under GST and also whether they have to show the details of manufactured goods supplied in GST Form 20 or not. Also, suggests, if the manufacturer have more than 1.5 crores in a financial year, but less than 20 lakhs of supply of service in a financial year have to get them registered under GST. In other words, whether they have to file Form 20 in GST portal for registration.

As per provisions, it has come to know that all types of supply of goods and services whether taxable, non-taxable, exempted or exported would be counted for calculating the total turnover for getting threshold exemption or not.

As per my understanding, it seems that if my total turnover exceeds ₹ 20 lakhs, I will have to be applied for getting registration with GST Registration. Please through light on my understanding whether it is a correct conclusion or otherwise.

Thanks with regards

S.N.Ansari.

AI Summary

GST Registration Mandatory for Suppliers Exceeding 20 Lakhs Turnover; Includes All Supply Types in Calculation A query was raised regarding GST registration requirements for manufacturers with varying turnovers in goods and services. The discussion highlighted that under GST, a supplier must register if their aggregate turnover exceeds 20 lakhs, or 10 lakhs in special category states. It was clarified that all types of supplies, whether taxable, non-taxable, exempted, or exported, count towards the total turnover. The conclusion was that if the total turnover surpasses the threshold, registration is required. Additionally, existing registered dealers must migrate to GST, and those below the threshold may opt to surrender their registration.