Turnover calculation 40lacs
Balraj Karrolla (49 Points)
12 February 2020for Gst Registration.
Balraj Karrolla (49 Points)
12 February 2020
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 12 February 2020
1) 40 lacs of turnover in certain sates for supply Goods only not for services .
2) Not for particular financial year .
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 12 February 2020
Increase or decrease of turn over will be decided only after amendment in act by the Govt not for a particular year .,So there will not be a different turnover limit in the next financial year .
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 12 February 2020
The aggregate limit of Turnover to be checked in a financial year
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 12 February 2020
Sorry ,It confusion in my under standing of query , I thought he is asking turnover limit 40 lacs .