Goods and Services Tax – Started By: – samiuddin ansari – Dated:- 4-5-2017 Last Replied Date:- 5-5-2017 – Sir,Under GST, the threshold limit for exemption has been fixed for ₹ 20 lakhs for the supplier of taxable services and ₹ 1.50 Crore for the supplier of manufactured taxable goods for getting registered with GST. However, I need your suggestion as to whether manufacturer engaged in manufacturing taxable goods having a turnover less than threshold limit but also supplied services have more than 20 lakhs in a financial year, has to apply for registration under GST and also whether they have to show the details of manufactured goods supplied in GST Form 20 or not. Also, suggests, if the manufacturer have more than 1.5 crores i
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =
IT appears the last part of your ascertainment is correct. Please refer to the relevant provisions of CGST Act 22. (1) Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both, if his aggregate turnover in a financial year exceeds twenty lakh rupees: Provided that where such person makes taxable supplies of goods or services or both from any of the special category States, he shall be liable to be registered if his aggregate turnover in a financial year exceeds ten lakh rupees. X X X The concept of manufactureing will be done away with. The concept of supply for levy and collection as per Sec. 9 of CG
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =