Tax Professional Blogs

Individuals are not required to register under the GST system if their total revenue in the fiscal year is less than 20 lakhs. According to the law, once the turnover hits 20 lakhs, registration becomes necessary, and tax payments begin. In some situations, however, officials in Karnataka have enforced tax demands on the first 20 lakhs of turnover in the year a provider breaches the registration barrier. Let us examine if such demands are legally valid—read on to find out.