One ₹500 Invoice Triggered GST Registration! | GST Threshold Explained | Avoid This Costly Mistake
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YouTubeGstGuy
One ₹500 Invoice Triggered GST Registration! | GST Threshold Explained | Avoid This Costly Mistake
Can a ₹500 invoice create a GST liability? The answer is yes. A Delhi trader believed that his annual turnover was still within the ₹40 lakh GST registration threshold. However, a small sale made on 31 March pushed the turnover beyond the limit and triggered GST registration requirements. Unfortunately, the invoice remained unnoticed for ...
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