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GST Exemption Limit

Ram Bhat (16 Points)

29 August 2019

What is the EXEMPTION limit for GST Registration for this year/ last financial year?
Has it been hiked to 40lac from 20lac for individuals from all states other than hilly states?

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4 Replies

shailesh kumar (25 Points)
Replied 29 August 2019

Yes, It has been increased to 40 lacs for supply of goods, however for service and Goods in combined its yet 20 lacs subject to some special state.

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Shivam RC (Student) (23683 Points)
Replied 29 August 2019

Rs. 40 lakhs Threshold Turnover limit for GST Registration is only for those Supplier who are dealing in EXCLUSIVE SUPPLY OF GOODS.

For Mixed Suppliers ( i.e. dealing both in supply of goods and supply of services ), the turnover threshold limit is Rs. 20 lakhs.

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Ram Bhat (16 Points)
Replied 29 August 2019

Thank you for valuable information sirs.

Kapadia Pravin (17264 Points)
Replied 29 August 2019

Mr Ram , there is a separate forum for GST.
You get views from many GST experts there.
This forum is for Income tax related queries.
You are welcome to post any ITax related queries here.