TaxTMI 
TaxTMI 
GST Registration
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....ST Registration<br> Query (Issue) Started By: - Karan Bansal Dated:- 27-9-2021 Last Reply Date:- 5-10-2021 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>A person has a proprietorship firm. He is doing supply of stationery items, advertising, and some design work. Turnover from those activities is approx 14 lakh. Also, he does printing work, he buys a paper from the vendor and gives it t....
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....o the printer, so does this come under manufacturing or service? Turnover from this is ₹ 5 lakh. So, when his turnover crosses 20 lakh from total business does he have to GST? Or when Service and Manufacturing separately cross 20 lakh he takes GST? Reply By Ganeshan Kalyani: The Reply: Applicability of GST is on "supply". So when the turnover crosses the threshold limit GST is p....
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....ayable. Apply for registration and after obtaining GSTIN (GST Registration Number) pay GST, file GSTR 3B, GSTR 1 and annual return as well. Reply By Ganeshan Kalyani: The Reply: Sec. 2(6), "aggregate turnover" means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or....
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.... services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess; Reply By KASTURI SETHI: The Reply: After crossing 20 lakhs, that person has to apply for GST registration. No separate benefit available. Reply By Shilpi Jain: The Reply: Turnover she....
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.... has to be seen for the PAN as a whole. in this case registration would be required. Reply By KASTURI SETHI: The Reply: Dear Querist, You should not expect threshold of ₹ 20 lakhs and 40 lakhs both. If a person supplies both goods and services (taxable), he will get threshold of ₹ 20 lakhs only. Reply By Karan Bansal: The Reply: Dear experts, thanks for your helpful replies.<br> ....
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....Discussion Forum - Knowledge Sharing ....