Easy Office
Easy Office

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 ?

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

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.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries