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GST REGISTRATION LIMIT FOR FRANCHISE BUSINESS

This query is : Resolved 
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(Querist)
09 July 2021 Dear Expert,

GST exemption limit is applicable for any brand franchise or we need to take mandatory registration ?
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
09 July 2021 Limit of Rs. 40 lakhs in case of goods and 20 lakhs in case of service and 20 and 10 lakhs respectively for selected states applicable. On crossing the threshold registration mandatory.

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