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Gst registration regarding
Indirect Taxation
Ma'am agar kisi person ki non taxable supply under gst is 50lacs hai and taxable supply under gst is 8 lacs,,, is this person require to registration under gst
Answers (9)
Thread Starter
DEEP VICKYDefination
Yes â??Aggregate turnoverâ?? 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 services or both and inter-State supplies of persons having the same Permanent Account Number,
Thread Starter
DEEP VICKYThanks ma'am all taxable suuplies means taxable under gst and non taxable like which is covered under VAT
This definition refers to GST Act
Hey there, Great question — and it’s one that confuses a lot of people when they’re dealing with both taxable and non-taxable supplies under GST. Let’s break it down simply: Situation: Non-taxable supply = ₹50 lakhs Taxable supply = ₹8 lakhs So, total aggregate turnover = ₹58 lakhs Does this person need GST registration? YES, GST registration is required if your aggregate turnover exceeds the threshold — and that aggregate includes both taxable and non-taxable supplies. In this case, even though only ₹8 lakhs is taxable, the total turnover is ₹58 lakhs, which exceeds the ₹20 lakhs (or ₹10 lakhs in special category states) threshold for GST registration (for service providers) or ₹40 lakhs for goods in some cases. Key Point: Aggregate turnover under GST includes: Taxable supplies Exempt supplies Non-taxable supplies Exports Inter-state supplies So even if most of the supply is non-taxable, it still counts toward the threshold. Exception If the person is dealing only in exempt/non-taxable supplies, then registration is not required. But the moment there's any taxable supply, even a small amount (₹8 lakhs in this case), and the total turnover crosses the limit, GST registration becomes mandatory. TL;DR: Yes, GST registration is required in this case, the reasons go as: Total turnover = ₹58 lakhs Even though ₹50L is non-taxable, ₹8L is taxable You’ve crossed the registration threshold To get professional consultation/assistance on GST, reach out to any GST or taxation expert such as Setindiabiz or any trusted one!
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