What is the exemption limit for GST registration for a shop involved exclusively in sale of medicines in Karnataka?
The medical shop run by a qualified pharmacist having a gross turnover less than 30-32 lakh in the state of Karnataka mandatorily need to register for GST or not?
The exemption limit for GST registration for a shop involved exclusively in the sale of medicines in Karnataka is Rs. 40 lakhs per annum. This means if your annual turnover does not exceed Rs. 40 lakhs, you are not required to register for GST.
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