GST registration of LLP company with less than 10 lakh turnover
24-Aug-2023 (In GST Law)
about GST rules of llp company with turnover less than 10 lacs.
GST law exempt those firms who have less than 20 lacs turnover with certain exceptions. Such firms cannot collect any tax from their customers. In your case, your turnover is below 10 lacs, so you are not required to get registration unless you are you are making any inter-state taxable supply; Casual taxable persons making taxable supply; required to pay tax under reverse charge; Non-resident taxable persons; required to deduct TDS; making taxable supply of goods or services on behalf of other other persons; IDS, Electronic Commerce Operator; OIDAR; or supplying goods or services through electronic commerce operators.
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