Question ID :
38145
GST REGISTRATION
THANKS A LOT KHANDELWAL SIR TO ANSWER MY QUERY NO 38142. SIR I WANT FURTHER CLARIFICATION REGARDING NOTIFICATION NO. 05/2017 - CENTRAL TAX DATED 19/06/2017 THAT TURNOVER LIMIT IS NOT IMPORTANT FOR PERSON MAKING ONLY SUPPLIES OF TAXABLE GOODS/SERVICES WHICH ARE COVERED BY RCM U/S 9(3). IF TURNOVER IS MORE THAN 20 LACS FOR SERVICES COVERED UNDER SECTION 9(3) THAN ALSO NOT REQUIRED TO OBTAIN REGISTRATION AND/OR CAN SURRENDER GST REGISTRATION?
THANKS IN ADVANCE
Posted by
CA. TASWALA MAYUR HEMENDRA
on
May 15, 2019
Filed Under
GST
Answer ID :
76571
Obviously the turnover u/s 9(3) is not your turnover and hence have no relevance.
Posted by
SIVADAS CHETTOOR on
May 15, 2019
Answer ID :
76575
Yes. If all services are covered under. RCM u/s. 9(3), there is exemption from registration even if turnover is more than threshold limit.
Posted by
CA. chunauti dholakia on
May 15, 2019
Answer ID :
76634
if the service rendered is taxable u/s9(3) on RCM basis, then the service provider need not take registration
Posted by
CA. VENKITARAMAN K V on
May 25, 2019