Registration when Turnover is less than 40 lacs

[Sundaraiah kollipara]

 Sir,

Client GST non-registered retail pharmacy business store maintained sales turnover Rs. 36 lacs f.y.24-25 itr returns filed every year.

Question:

Dealer non registered certificate issued by Chartered accountant sales turnover below rs:40 lacs threshold limit certificate compulsory provision applicable for gst act

AI Summary

GST Registration Clarified: Pharmacy Business Seeks Guidance on Turnover Threshold and Mandatory Documentation A retail pharmacy business with sales turnover of Rs. 36 lacs in the financial year 2024-25 seeks clarity on GST registration requirements. The query explores whether a non-registration certificate from a chartered accountant is mandatory when the turnover is below the Rs. 40 lacs threshold limit under the GST Act.