GST – Frequently Asked Question

Q.  I am a service provider, providing services to multiple states but amount is less than ₹ 20 Lac, do I need to register for GST?

Ans.  Registration for persons who makes inter-State supply of services and have aggregate turnover less thatn ₹ 20 lakh p.a. is exempted. For details please refer to Notification No. 10/2017-Integrated Tax  dated 13.10.2017

Q.  Do the NRIs earning more than 20 LPA need to register for GST?

Ans.  Incidence of taxation in case of GST is 'supply'. NRI making taxable supply in India are required to take registration. For registration as non-resident taxable person there is no exemption threshold. Please refer to Section 24 of the CGST Act, 2017.

Q.  Registered dealer (other than a person dealing in second hand goods) sells its used Car will GST be applicable ?

Ans. Goods forming part of assets of business are transferred or disposed even without consideration are taxable as per clause 4(a) of the Schedule II of CGST Act

Q. I am a retail drug (pharmatical) store, do I need to  register to GST ?

Ans.  Yes, Registration would be required if your turn over is more than 20 Lakhs (10 lakhs for special category states other than State of Jammu & Kashmir). Also refer to section 24 of CGST Act 2017 for compulsory registration.

Q. If I am purchasing nil rated goods from other state, do I need to register for GST ?

Ans.  No Registration is not based on purchase of goods from other  states. It depends upon supply made.