GST exemption limit of 40 lakhs

Shyam (Accountant) (61 Points)

11 January 2019

Does it apply to professionals like CAs also? If yes, can they deregister from GST?

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6 Replies

Piyush Shirodkar (CA Final Student) (1358 Points)
Replied 11 January 2019

Even I have the same query

Shyam (Accountant) (61 Points)
Replied 11 January 2019

I just read for services it’s same 20 lakhs

Piyush Shirodkar (CA Final Student) (1358 Points)
Replied 11 January 2019

Is it? Can you share the notification please.

saurabh sawlani (2191 Points)
Replied 12 January 2019

the threshold for services is still 20 lakhs

pritesh (CA Final student) (7101 Points)
Replied 12 January 2019

For service provider there is no change in threshold limit

Piyush Shirodkar (CA Final Student) (1358 Points)
Replied 12 January 2019

okay thanks for the info

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