TaxTMI 
TaxTMI 
My client applied for voluntary registration effective from, say, 15th May, 2022. Registration was granted and GSTIN receved effective from 1st August, 2022. I have not collected GST till 1st August, 2022. W.R T my turnover upto 1st August, 2022 shall I pay GST without having collected any tax and file August, return including prior turnover. Or can I collect and pay GST from 1st August, and forget prior non-taxed turnover.
GST ON TURNOVER BEFORE THRESHOLD LIMIT
06 Jul 2023 
5 Replies 
3653 Views Asked by
Guest 
Voluntary registration liability requires paying GST from the date of registration and permits input tax credit on stock.
Voluntary registration creates a liability to pay GST from the date of registration; tax is ordinarily chargeable and payable only from that registration date if prior turnover did not exceed the compulsory registration threshold. The registered person may, however, account for tax on pre registration turnover and claim input tax credit on inputs and capital goods held in stock immediately before registration, subject to the statutory conditions and any time bar on credit entitlement. (AI Summary)
Voluntary registration creates a liability to pay GST from the date of registration; tax is ordinarily chargeable and payable only from that registration date if prior turnover did not exceed the compulsory registration threshold. The registered person may, however, account for tax on pre registration turnover and claim input tax credit on inputs and capital goods held in stock immediately before registration, subject to the statutory conditions and any time bar on credit entitlement. (AI Summary)