Question6:

Whether quarterly payment of GST and quarterly filing of GST returns is permissible to Supplier of Service or not ?. In terms of Notification No. 40/2017-Central Tax dated 13.10.2017.

Answer:

The notification no. 40/2017 provides exemption to the registered person who's aggregate turnover did not exceed then Rs 1.5 crore  in previous year  or not expected to exceed 1'5 crore if the registration is applied this year .The term aggregate turnover is defined in section 2 it includes supply of goods or service or both therefore this Notification is applicable to service provider also irrespective of the applicability of composition levy to service provider.   (Reply dt. 24/10/2017)