| Question And Answer | |
|---|---|
| Subject: | gst registration limit |
| Category: | GST |
| Querist: | kollipara sundaraiah |
| Answered by: | Law Intern |
| Tags: | GST Registration |
| Date: | March 18, 2025 |
sir,
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 Head – 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 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 / PhonePay Rewards or Commission Rs 12.00 (Showing in Income Head – Income from Other Sources
1. GST registration is not applicable because the aggregate turnover does not exceed Rs. 40 lakh, and the rental income alone (Rs. 24,000) is below the Rs. 20 lakh threshold for services.
2. ST registration is not applicable. The trader deals exclusively in exempt goods, and the taxable rental income (Rs. 24,000) is below the Rs. 20 lakh threshold for services.
3. GST registration is not applicable because the aggregate taxable turnover (from goods) is below Rs. 40 lakh, and residential house rent is exempt from GST.
4. GST registration is not applicable because the aggregate taxable turnover (Rs. 39 lakh + Rs. 12) remains below Rs. 40 lakh, and the commission alone (Rs. 12) is far below the Rs. 20 lakh threshold for services.