Gst limit
This query is : Resolved
12 March 2019
Hello Sir i have one question about GST Threshold Limit as per New Amendment of law.
I want to know About 40Lakh limit for Non-GST Which category Registration, Regular or Composition Or Both. ?
plz tell me sir ?
I want to know About 40Lakh limit for Non-GST Which category Registration, Regular or Composition Or Both. ?
plz tell me sir ?
12 March 2019
It will be on regular category.
GST Threshold limit as per Amendment Law :- If your aggregate turnover is upto Rs 40 Lakh , you will not required to take registration and comply the GST Provisions subject to certain conditions such as :-
If you are dealing in Goods ( Not services )
Making intra state supply ( Not apply for interstate )
Not applicable wherever , registration is mandatory under sec 24 of GST Act . ie e commerce operator etc
effective from 01 Apr 2019
GST Threshold limit as per Amendment Law :- If your aggregate turnover is upto Rs 40 Lakh , you will not required to take registration and comply the GST Provisions subject to certain conditions such as :-
If you are dealing in Goods ( Not services )
Making intra state supply ( Not apply for interstate )
Not applicable wherever , registration is mandatory under sec 24 of GST Act . ie e commerce operator etc
effective from 01 Apr 2019
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13 March 2019
Thank you so much mam....for regular limit 40 lakhs and for composition limit ?
13 March 2019
For composition it is Rs. 1.5 crores.
However, the limit remains Rs 75 lakhs for N.E states & Uttarakhand.
However, the limit remains Rs 75 lakhs for N.E states & Uttarakhand.
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