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    • Rs.40 lakhs

      • Also, a business whose aggregate turnover in a financial year exceeds Rs.40 lakhs (or Rs.20 lakh for special category states, Puducherry, and Telangana) has to mandatorily register under GST. For service providers, this limit is Rs.20 lakhs (for normal category states) and Rs.10 lakh (for special category states).
      cleartax.in/s/aggregate-turnover-under-gst-for-registration
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  2. May 27, 2024 · The GST Council raised GST registration threshold limits based on the demands of MSME in the 32nd meeting on 10th January 2019. The article discusses earlier and new limits, including requirements by category, states opting for new limits, and the financial year for aggregate turnover calculation.

  3. Feb 27, 2024 · Learn about the conditions and limits for obtaining GST registration in India under sections 22, 23 and 24 of the CGST Act, 2017. Find out the exceptions, cases, and scenarios for different categories of taxable persons and suppliers.

  4. Dec 2, 2022 · Learn the turnover limit for GST registration in India for different states and categories of businesses. Find out how to calculate turnover, what are the types of turnover, and how to file GST returns.

  5. Jun 14, 2024 · A must register under GST because his aggregate turnover exceeds the threshold limit of Rs. 40 lakh. Further, Mr. A does not have the option to register as a composition dealer because this aggregate turnover exceeds the threshold limit of Rs.1.5 crore.

  6. Jan 28, 2024 · Learn about the conditions and criteria for registration under GST Act 2017, based on the aggregate turnover of the supplier. Find out the meaning, definition and analysis of aggregate turnover, special category states, and reverse charge mechanism.

  7. May 3, 2024 · GST Registration Limit: Understanding the Minimum Turnover.

  8. Currently the GST registration limit or minimum GST registration turnover limit is40 lakhs, meaning all businesses with a turnover of more than ₹40 lakhs (for goods) and ₹20 lakhs (for services) annually must register for GST. Under GST, all goods and services are categorised and taxes ranging from 5% to 28% are levied on them accordingly.