Royal Services Ltd. is engaged in supply of taxable services only in Tamil Nadu. Its turnover crosses ₹20 lakhs on 1st June, 2020. It applies for registration under GST on 25th June, 2020 and gets registration certificat

CS Professional · Advanced Tax Laws and Practice · PYQS · June 2021
Royal Services Ltd. is engaged in supply of taxable services only in Tamil Nadu. Its turnover crosses ₹20 lakhs on 1st June, 2020. It applies for registration under GST on 25th June, 2020 and gets registration certificate on 2nd July, 2020. What is the effective date of registration for the company?

Answer & Explanation:

The effective date of registration is 1st June, 2020, i.e., the date of crossing the threshold limit turnover as Royal Services Ltd. applies for registration within 30 days from the date of crossing the threshold turnover limit.

Topics: Central Goods and Services Tax Act, 2017 (CGST)

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic