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Gst registration threshold. newly revised

26 August 2020

is the gst registration threshold revised two days back...that is. it is 40 lacs.for all bussiness now..earlier services were 30 lacs and manufacturing was 40 lacs...ANY CLARITY ON THIS PLEASEEEEE

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 26 August 2020

No, there is no Change in exemption limit/ threshold limit for GST registration.

GST registration Limit is 20 lakh (10 lakh for special category states).
But, For Suppliers exclusively dealing in Goods only have a higher threshold limit of Rs. 40 lakh subject to exception specified in Notification No.10/2019.

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