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May 27, 2024 · The GST registration threshold limit is Rs.40 lakh for normal category states and Rs.20 lakh for special category states for manufacturers of goods. Find the state wise threshold limits in this article.
Feb 27, 2024 · Understand GST registration requirements with Section 22, 24, and 23 explained. Learn thresholds, exemptions, and obligations for businesses under the GST regime.
Dec 6, 2023 · In a fiscal year, the threshold limit for GST registration is Rs 20 lakhs / 40 lakhs. However, in certain states, the registration fee is reduced to Rs 10 lakhs. Learn more on Tax thresholds limits and due dates for IT, GST, TDS and other at Tax Threshold Limits & Due Dates. Aggregate Turnover.
Apr 15, 2020 · Accordingly, threshold limit remains rupees twenty lakhs for the States of Jammu and Kashmir, Arunachal Pradesh, Assam, Himachal Pradesh, Meghalaya, Sikkim and Uttarakhand w.e.f. 1-Feb- 2019 and rupees ten lakhs for the States of Manipur, Mizoram, Nagaland and Tripura.
May 24, 2024 · Under Goods And Services Tax (GST), businesses whose turnover exceeds the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be, must register as a normal taxable person. It is called GST registration. For certain businesses, registration under GST is mandatory.
Aug 14, 2023 · Understand Goods and Services Tax (GST) in India – its eligibility, threshold limits, and the registration process. Learn about the significance of GST, dual GST model, excluded goods, and the key components of GST Acts 2017.
The GST Council raised the minimum threshold for GST registration from 20 lakhs to 40 lakhs (from Rs.10 lakhs to Rs.20 lakhs for special category states) in consideration of MSMEs’ concerns, thereby relieving many small businesses from paying GST.
