Counsel
Ask an expert!
Legal, accounting and compliance advice from qualified professionals.
Yes. Once you have taken GST Registration it is compulsory for all the invoices from there on to be charged with GST. But you are also eligible to claim GST input credit on the GST you have paid to your investors. So every month while filing GSTR-3B you will have to file only the net GST amount after deducting your input credits and not the full ...
Wazzeer Professional Network
ProfessionalMy company's turn over is below 20lakh but I have taken GST Registration. So, should I charge GST on my the invoices I raise?
-
Wazzeer Professional Network
ProfessionalYes. Once you have taken GST Registration it is compulsory for all the invoices from there on to be charged with GST. But you are also eligible to claim GST input credit on the GST you have paid to your investors. So every month while filing GSTR-3B you will have to file only the net GST amount after deducting your input credits and not the full GST amount you have collected from your customers.
about 3 years ago
View answer
My company's turn over is below 20lakh but I have taken GST Registration. So, should I charge GST on my the invoices I raise?
-
Wazzeer Professional Network
ProfessionalYes. Once you have taken GST Registration it is compulsory for all the invoices from there on to be charged with GST. But you are also eligible to claim GST input credit on the GST you have paid to your investors. So every month while filing GSTR-3B you will have to file only the net GST amount after deducting your input credits and not the full GST amount you have collected from your customers.
about 3 years ago
Looking to hire a professional from our handpicked community?
Explore our services, submit your request and let us do the rest for you.