I have a business that deals exclusively on exempted goods with a turnover of more than 2 crores annually with interstate purchases. Should I register for GST?
Section 23 of CGST Act, 2017 deals with person not liable to registration. As per this section:
23. (1) The following persons shall not be liable to registration, namely:––
(a) any person engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax under this Act or under the Integrated Goods and Services Tax Act;
(b) an agriculturist, to the extent of supply of produce out of cultivation of land.
(2) The Government may, on the recommendations of the Council, by notification, specify the category of persons who may be exempted from obtaining registration under this Act.
Since you are exclusively engaged in supply of exempted goods, you are not liable to registration.
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