THRESHOLD LIMIT FOR CONSULTANCY SERVICES, Goods and Services Tax - GST

[Kishor Pohani]

Dear Sir,

I am working as a Consultant in an Engineering Consultancy firm on per day remunerations basis. Though TDS is deducted by the firm from remunerations paid to me for my services. Please let me know, if am supposed to pay / register for GST and what is the threshold limit for payment/Registering for GST I. e. up to how income per year one is exempted to register/pay GST as a Consultant , specifically to my case. Thanks and Regards.

Posts / Replies

[KASTURI SETHI]

Threshold exemption limit is ₹ 20 lakhs in a year. When you cross this limit, you are to apply for GST registration within 30 days from the date you are liable to pay GST. GST law is not applicable below this benchmark.

[Kishor Pohani]

Sir, thanks-a-lot for the reply.