Exemption limit

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..... Sir, In 2018-19 I raised a bill for professional service amounting to Rs Sixteen lakhs ( ₹ 16,00,00,0/-) in 2019-20 I raised the bill for professional service for Rs Twelve lakhs Rs(12,00,00,0). The TDS was deducted in 2019-20 for both the years I.e 2018-19 and 2019-20. Now 26 AS statement for 2019-20 reflects the amount of SRS 28,00,00,0/-. Shall I have to take GST registration since .....

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..... the TDs for 2018-19 is reflected in 2019-20. Regards Amresh Kumar - Reply By KASTURI SETHI - The Reply = Sh.Amresh Kumar Ji, While filing Income Tax return for financial year 18-19 (A.Y.19-20)and 19-20 (A.Y.20-21), have you not shown figures separately ? I think there is some error on your part. - Reply By Amresh kumar - The Reply = Respected kasturi s .....

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..... ir, The income tax return is filed for both the years mentioning the turn over of 16 lakhs and 12 lakhs. The TDS of 2018-19 was however deducted in 2019-20 by the recipient of the service and this had been mentioned in the Income tax return filed for F.Y 2019-20 . Regards - Reply By KASTURI SETHI - The Reply = Dear Sir, If it is so, you need not apply for registration. .....

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..... - Reply By ARVIND JAIN - The Reply = No need for GST registration as in both years its below the exemption limit but you should not be claiming Full TDS otherwise you may get a notice for registration and mismatch of turnover. Hope you have claimed proportionate TDS only. - Reply By Ganeshan Kalyani - The Reply = Sir, the threshold exemption for GST registration has to be assessed by not cons .....

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..... idering the turnover as per 26AS . - Reply By GB Rao - The Reply = Dear querist, I agree with the experts opinion on your query. - Exemption limit - Query Started By: - Amresh kumar Dated:- 23-4-2021 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement .....

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..... - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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