Who is liable to pay GST?

Question Detail

0
Asked by Maxabout Team 138 Rep.

Am I liable to pay GST?

Naman Vashisht answered
    0

    The question of the liability of the GST is very simple. Anyone who is supplying a good or a service is liable to pay GST tax to the government. But as a relief function, the government has also set up a limit for the small suppliers of goods and services.Any person who is having a total turnover exceeding 20 lakh per annum has to register under the GST and one is also liable to pay tax on it. Only in the north eastern states, the same limit has been st to a total of 10 lakhs. The person who does not register under GST is liable to penalties from the government.

    Maxabout Team edited answer
      ×

      Login

      Translation


      Question stats

      • Active
      • Views126 times
      • Answers1 answer
      • Followers0 followers
      Loading...