EXEMPTION FROM GST REGISTRATION TO SMALL INTER-STATE SERVICE PROVIDERS
The Central Government has in line with the Decision of the GT Council in its Meeting on 06-10-2017, has granted Exemption to Small Service Providers making INTER STATE supply of Taxable Services and having an aggregate Turnover (to be computed on all india basis), not exceeding Rs. 20 Lakhs (Rs. 10 Lakhs in case of Special Category State except J&K) in a financial year from liability to obtain registration under the GST Act.
EFFECTIVE DATE – This change is effective from 13-10-2017 vide Notification No. 10/2017 – Integrated Tax
EARLIER POSITION – Anyone making inter-state taxable supplies, except inter-state job worker, is compulsorily required to be registered under GST irrespective of his annual aggregate turnover.
A PERSON WHO HAS ALREADY GOT REGISTRATION – WHAT TO DO?
A person who has taken registration prior to this notification has to comply with all the GST Law requirements till the same is surrendered. Once the permission to surrender the registration under GST is activated on the GST Portal, the person who is covered under this notification can opt to Surrender his registration after filling his returns till the month of surrender.