Threshold for registration under GST

Sandeep Koonaparaju (Partner) (39 Points)

12 September 2020  

Dear Friends,

What is the threshold limit for registration under GST for services?

On 24th August Finance Minister tweeted that businesses with 40 Lakh turnover are exempt from GST, is that a new announcement or is she just stating the fact that they increased the GST threshold on  goods to 40 Lakhs? 

Thanks 

Sandeep