GST Registration - Threshold Limit and Applicability

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..... GST Registration - Threshold Limit and Applicability
Query (Issue) Started By: - Jaykumar Pokharna Dated:- 11-3-2025 Last Reply Date:- 12-3-2025 Goods and Services Tax - GST
Got 2 Replies
GST
Q. Is GST Registration Applicable? * If Retail Trader having Annual Turnover against sale of Taxable goods below 40 Lakhs but receives Shop Rental Income Rs 24000 Annually (Showing in Income He .....

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..... ad - Income from House Property) * If Retail Trader having Annual Turnover against sale of Tax Free goods below 40 Lakhs but receives Shop Rental Income Rs 24000 Annually (Showing in Income Head - Income from House Property) * If Retail Trader having Annual Turnover against sale of Taxable goods below 40 Lakhs but receives House Rental Income Rs 24000 Annually (Showing in Income Head - Income .....

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..... from House Property) * If Retail Trader Having Annual Turnover against sale of Taxable goods below 40 Lakhs but receives nominal UPI Commission or GooglePay / PhonePay Rewards or Commission Rs 12.00 (Showing in Income Head - Income from Other Sources) * If Retail Trader Having Annual Turnover against sale of Tax Free goods below 40 Lakhs but receives nominal UPI Commission or GooglePay / Phone .....

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..... Pay Rewards or Commission Rs 12.00 (Showing in Income Head - Income from Other Sources) Reply By Shilpi Jain: The Reply: The provision for registration is clear that the 40L limit given in certain States is applicable only for exclusive supply of goods. So accordingly the requirement of registration seems to attract in all cases above assuming that the turnover exceeds 20L. Composition scheme m .....

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..... aybe evaluated. Reply By Lakshya Goyal: The Reply: In my opinion, 1st and 2nd attract registration liability as shop rental income can be considered as in course or furtherance of business. 3rd case, House Rental Income is in personal capacity, so not a supply. Hence, no registration required. 4th and 5th case, commission can be treated as reduction in charges charged by PhonePe, if any. If n .....

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..... o charges are charged by PhonePe then liable to registration.
Discussion Forum - Knowledge Sharing .....

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