logo

Give us your phone number and email
we will send you the details.

By contacting this business you agree to follow all our terms and conditions mentioned here.

Verify OTP

Please check your email for the OTP, if not received please refresh the page and try again, also check your spam folders.


Upload Resume to create profile
Email: |
Create Job Alert

Query: Applicability of Limit for registration in GST - for more than one proprietorship firms

Category: GST

Answer: If we are running 3-4 proprietor ship firms, doing different business, then limit of GST registration shall be applicable on turnover of each firm individually or on total turnover of all the firms combined to calculate the limit of Rs. 20 lakh / 40 lakh. And as now limit for registration under GST is Rs. 20 lakh for services and Rs. 40 lakh for trading, if out of above one firm is providing services and other firms are doing trading, then the limit of Rs. 20 lakh shall be applicable for all or Rs. 40 lakh ?

Date Posted 07-Aug-2019
Posted By P K Gupta
Views: 422



Divya Sharma On 08-Aug-2019
Now in GST limit of turnover for registration is Rs. 20 lakh in case of Services and Rs. 40 Lakh ( in case of special category Rs. 20 Lakh) in case of Trading. In my view for a proprietor turnover of all the firm shall be seen in totality for calculating the limit of Rs. 20 Lakh or Rs. 40 Lakh. And if the registered dealer is doing both.. i.e. Trading and providing services then the limit of Rs. 20 lakh shall apply on him.

Related Queries

Due date of June 2020 GST return has also been extended or not

Accounts | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More

Due date of June 2020 GST return has also been extended or not

Audit | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More

Due date of June 2020 GST return has also been extended or not

Income Tax | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More

Due date of June 2020 GST return has also been extended or not

GST | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More

Due date of June 2020 GST return has also been extended or not

Corporate Law | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More

Due date of June 2020 GST return has also been extended or not

Finance | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More

Due date of June 2020 GST return has also been extended or not

Ind- AS/ IFRS | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More

Due date of June 2020 GST return has also been extended or not

Shares | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More

Due date of June 2020 GST return has also been extended or not

Mutual Fund | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More

Due date of June 2020 GST return has also been extended or not

Investments | Views: 1097 | Comments: 1

Is their any clarification regarding extension in due date of June 2020?


Date Posted 26-Apr-2020
Comment / Read More