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Limitof sale

Jyoti Narang (Kkk) (1204 Points)

04 October 2020

is there any limit of selling goods to a person by a wholeseller having adhar only in gst.

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3 Replies

LALIT GOLACHHA (CA Job) (55 Points)
Replied 04 October 2020

There is no relationship between sales and aadhaar & no limit of sales as such in gst

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 04 October 2020

If wholeseller have a GST number, than there is no limit on sale.
If wholeseller doesn't have GST number, than he is required to take GST registration after crossing of sale of certain limit i.e 20 lakh/40 lakh as the case may be

Pawan (CA Final) (572 Points)
Replied 04 October 2020

The threshold limit to register under GST for Traders is Rs.40 lakhs and also there are few conditions for compulsory registration irrespective of threshold limit. Refer section 22 and 24.