Dinesh Divekar
Business Mentor, Consultant And Trainer
Onboarding, Recruitment, Employee Engagement,
Hr Officer

Thread Started by #banerjee_gunjan

Dear All, We have 3-4 unregistered consultants who are working with us. Now from July onward, is it necessary for them to register for GST or there is any other way we can pay them. Thanks, Gunjan
28th June 2017 From India, Delhi
Dear Gunjan,
If the financial earning for the last FY is more than Rs 20 Lakh, then it is mandatory to register for GST.
Those who do not register for GST are called as Unregistered Dealers (URDs). When you receive the invoice from the URDs, you need to pay the GST on their behalf and take the input credit. However, if the URDs are from other state, then you need to check the procedure with your CA.
Dinesh Divekar
28th June 2017 From India, Bangalore
I run HR consulting Firm. Yet I do not need to go for service tax registration. I am not coming under the criteria of earnings for GST. So just for clients requirements, can I apply to GST .. ?
29th June 2017 From India, undefined
Dear Shreya,
Yes, if the client is saying that they will give you business only if you have GST then you will have to take it. But then if you register for GST, your headache will increase. Monthly you have to submit three returns and one annual. Therefore, per annum, you have to submit 37 returns. Check with client, whether they are ready to accept your services as URD. In fact, each company will have to deal with URD. They cannot escape from it. Telling service provider to register for GST is nothing but their high-handedness.
Dinesh Divekar
29th June 2017 From India, Bangalore
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™