Marketing service

[Vishnu Chidurala]

Sir Iam providing promotional services for different companies is am liable to get registered under gst

AI Summary

GST Registration Required for Promotional Services if Turnover Exceeds 20 Lakhs; Voluntary Registration Forfeits Exemption. An individual inquired about the necessity of GST registration for providing promotional services. An expert clarified that GST registration is mandatory if the aggregate turnover exceeds 20 lakhs, or 10 lakhs in specified areas, in the previous or current financial year. Voluntary registration is an option, but it forfeits the threshold exemption. Registration is also required if services fall under the Reverse Charge Mechanism. Two other contributors agreed with this advice, adding that voluntary registration allows for input tax credit on eligible purchases if future turnover is expected to exceed the threshold.