Exemption limit

[Amresh kumar]

Sir,

In 2018-19 I raised a bill for professional service amounting to Rs Sixteen lakhs ( ₹ 16,00,00,0/-) in 2019-20 I raised the bill for professional service for Rs Twelve lakhs Rs(12,00,00,0).

The TDS was deducted in 2019-20 for both the years I.e 2018-19 and 2019-20. Now 26 AS statement for 2019-20 reflects the amount of SRS 28,00,00,0/-.

Shall I have to take GST registration since the TDs for 2018-19 is reflected in 2019-20.

Regards

Amresh Kumar

AI Summary

GST Registration Not Required: Turnover Below Exemption Limit Despite TDS Reflection; Caution Advised on Claiming Full TDS A professional raised bills for services totaling Rs 16 lakhs in 2018-19 and Rs 12 lakhs in 2019-20. The TDS for both years was deducted in 2019-20, reflecting a total of Rs 28 lakhs in the 26AS statement for that year. The individual inquired about the necessity of GST registration due to this reflection. Experts advised that GST registration is unnecessary since the turnover for each year is below the exemption limit. However, they cautioned against claiming full TDS to avoid discrepancies and potential notices regarding turnover mismatch.