Applicability - Gst

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38 Points Joined December 2018
I found that a Brick seller saying that it is a normal practice for not taking the registration even if the sale of bricks exceeds 20 lakhs( In a rural area) by all the sellers. Is it found to be true ?
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On 07 August 2021 at 14:31 Report
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126 Points Joined July 2021
If state in which he has business has adopted threshold limit of 40L otherwise there is no exemption as per my knowledge.
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On 07 August 2021 at 16:31
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Chartered Accountant
24588 Points Joined November 2019
If turnover exceeds 40 lakhs rupees then GST registration is required
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On 08 August 2021 at 06:02
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Master in Accounts & high court Advocate
9596 Points Joined December 2011

The rate of GST on Building bricks fixed by GST council at the introduction of GST in July, 2017 is 5%

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On 08 August 2021 at 21:37


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