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Exexption

Ashish Dubey (24 Points)

31 May 2017

what is the Limit of exemption in GST ?

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CA Rashmi Gandhi (Chartered Accountant) (86318 Points)
Replied 31 May 2017

Its 2000000/-

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Ashish Dubey (24 Points)
Replied 31 May 2017

thanks a lot

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CA Rashmi Gandhi (Chartered Accountant) (86318 Points)
Replied 31 May 2017

Pleasure is mine.

makkhan sharma (203 Points)
Replied 01 June 2017

if turnover in more than 20 lacs of taxable and exempted goods .,ie.taxable 15 lac and exempted is 15 lac.In this case the gst registration is must or not ?

CA Rashmi Gandhi (Chartered Accountant) (86318 Points)
Replied 01 June 2017

Yes then you have to register under GST as your tirnover exceed Rs 2000000/- & not exclusovely deal in exempted goods.

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