Have GST number. Turnover below 20L. Filing Nil returns

Every person registered under GST Act has to periodically furnish the details of sales, purchases and tax paid and collected theron by filing return with GST Authorities. Before filing any return payment of tax due is pre requisite otherwise such return will be invalid.

The limit of Rs. 20 Lacs is regarding GST registration. Once you register under GST you have to compulsorily file the return.

Even if there is no sale and purchase during the period, the registered person has to file NIL return within due date.

As per GST laws once you are registered although voluntarily all the provisions of the law are applicable. Hence it is suggested to surrender the registration after filling NIL return 

Hi,

- Registration under RCM is applicable without any threshold limit i.e. Rs.20 lacs so you are liable to collect GST even though turnover is below Rs.20 lacs. Point is once you obtained GST registration you are laible to collect GST to avoid cascading effect so that benefit of ITC does not get effected. RCM is applicable if you purchase from unregsitered dealer otherwise it is not applicable if your turnover is below Rs.20 lacs.

- Having a PAN and having income below Rs.2.50 lacs but if some one has deducted TDS then it is compulsory to file ITR. 

Thanks

A registered person need to file GST Return even if there is no turnover. In your case, if you have opted for filing GST Returns under Regular scheme but not under composition scheme, you can claim set off input credit on your sales even if your turnover is less than Rs 20 Lakhs. You can show your turnover to be inclusive of GST, even if you've not shown it separately in your bills. 

Threshold limit for GST is 20L where act says if turnover is upto 20L getting GST registration is optional or valuntary.

but once you get registered for GST it may be valuntary or turnover exceeding case, you should charge GST.

if you are under threshold limit and if you really dont think GST number is not required then you can go for cancellation until your turnover exceeds threshold limit.

if you need any further assistance, you may contact me on [deleted]

Hi,

Yes , once you have obtained registration in GST then you have to comply with all its provisions . Turnover limit is irrelevant.

Until the registration is cancelled online, you need to file returns.

Hi

Once you're registered under GST, you are required to charge GST in your invoices irrespective of the turnover. That's what the law mandates.

If your turnover is below 20 lacs, you always have an option to surrender your GSTN.

Hi,

Since you have the GST Registration you will need to comply with the law irrespective if the turnover. You can cancel your registration if your turnover is not expected to cross 20 lakhs soon.

Regards.

Dear Sir

Once you get GST No. irrespective of your Turnover you have to charge & collect GST and file return.The purpose of 20 Lacs. limit is to save the person from GST compliance & burden.

Thanks & Regards

SK Agarwal

you have to collect and pay gst even for a single ruppee transaction , GST Act is same state vat act which mandate to collect and pay tax after getting registred, please do not club provisions of GST and other acts such as income tax act or service tax act

If you have registered for GST voluntarily then you need to file return and show your sales and purchase figures.

However you can file nil return. But it is advised to surrender registration if it's of no use.

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