GST

[P K Bansal]

For information of the members.

 

Regards-
P K Bansal
Surveyor and Loss Assessor
Contact: 0-98141 23345, 0-99150 23345

Message resent with small corrections...

I am a service tax assessee. And when I got to know the threshold limit would be  Rs. 20.00 lakhs I was happy that I would be out of the GST purview and can surrender my service tax registration after migrating to GST. 

Now we are up to so many confusions that we understand the exemption would not be available if we undertake survey jobs allotted on out of state policies though survey is carried out within your home state.  Next if we do not have GST registration or do not quote GST regn. no. then the insurer will have to go for reverse charge of GST as applicable.  In which an event, insurers will only prefer to accept services from a surveyor who has GST regn.

This makes it compulsory for all the surveyors, immaterial of their gross billing, to register for GST and go through all the process, like billing and collecting tax amounts, remitting, filing returns, maintaining books of accounts as per standards, and to be harassed in the name of verifications, assessments, etc.

Change is only constant.  Either change with the time or perish.

S. Anoop Kumar.

[Sanjeev Sethi]

As per Section 22 of CGST Act 2017

(2) Every person who, on the day immediately preceding the appointed day, is registered or holds a license under an existing law, shall be liable to be registered under this Act with effect from the appointed day.

As per section 24 of CGST Act 2017

Compulsory registration in certain cases.

 Notwithstanding anything contained in sub-section (1) of section 22, the following categories of persons shall be required to be registered under this Act,––

 (i) persons making any inter-State taxable supply;

So With reference to above provision, we are liable to register for GST. You can't avail the exemption from GST under the provision for turnover below 20 lakhs if you are providing inter state services.

--
You received this message because you are subscribed to the Google Groups "TSA Chandigarh" group.
To unsubscribe from this group and stop receiving emails from it, send an email to tsa-chandigarh+unsubscribe@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.

[Di majo]

MT103/202 DIRECT WIRE TRANSFER
PAYPAL TRANSFER
CASHAPP TRANSFER
ZELLE TRANSFER
LOAN DEAL
TRANSFER WISE
WESTERN UNION TRANSFER
BITCOIN FLASHING
BANK ACCOUNT LOADING/FLASHING
IBAN TO IBAN TRANSFER
MONEYGRAM TRANSFER
IPIP/DTC
SLBC PROVIDER
CREDIT CARD TOP UP
DUMPS/ PINS
SEPA TRANSFER
WIRE TRANSFER
BITCOIN TOP UP
GLOBALPAY INC US
SKRILL USA
UNIONPAY RECEIVER

Thanks.


NOTE; ONLY SERIOUS / RELIABLE RECEIVERS CAN CONTACT.

DM ME ON WHATSAPP
+44 7529 555638

To unsubscribe from this group and stop receiving emails from it, send an email to tsa-chandigar...@googlegroups.com.