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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 · As per section 22 (1) of CGST Act, every supplier shall be liable to be registered in the State or Union Territory (other than special category states) from where he makes supply of goods or services or both, if his aggregate turnover in a financial year exceeds Rs. 20 lakhs.
Jun 8, 2024 · For 2024, the GST registration threshold limits remain at Rs. 20 lakh for service providers and Rs. 40 lakh for businesses dealing exclusively in goods. Special category states have lower thresholds, set at Rs. 10 lakh for services and Rs. 20 lakh for goods. These limits help small businesses operate without the immediate need for GST registration.
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.
For businesses operating in most states, the threshold limit for GST registration is an annual turnover of Rs. 40 lakhs (for the supply of goods) and Rs. 20 lakhs (for the supply of services).
