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CORPORATE WORLD

GST: Firms told to register before deadline

Staff reporter, New Delhi
15/07/2017   0 Comments

The Government has asked all traders to register as per the GST laws now without waiting for the last date of July 30, 2017.

If a firm is carrying out any business and have an annual aggregate turnover in the preceding Financial Year exceeding Rs 20 lakh (Rs 10 lakh in Special Category States), it need to register in all the States/Union Territories from where it is making taxable supplies. 

However, one need not register if one is engaged exclusively in the supply of exempted goods or services or both.
 
 

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