22 October 2022
Case : 1 : If an Individual undertakes cultivation of land and is also engaged in other commercial activities, then will he lose the benefit of exemption from registration provided to agriculturists?
Case : 2 : If an Individual undertakes cultivation of land and is also a partner in partnership firm, partnership firm undertakes commercial activity and an individual receives Interest, Remuneration and profit share from such partnership firm, then will he lose the benefit of exemption from registration provided to agriculturists?
23 October 2022
Case 1. He will not loose exemption from GST on agricultural activities. GST registration required only in case of turnover of commercial activities exceed 40 lacs. Case 2 He will not loose the exemption from GST registration in such a case.