in which condition of turn over gst no.
is necessary
For dealer in goods if the aggregate turnover crosses 40 lakhs
For services the threshold limit is 20 lakhs
3 Replies
Prabhat Pandey
(210 Points)
Replied 28 June 2021
A business whose aggregate turnover in a financial year exceeds Rs.20 lakhs for Services Provider or Rs.40 lakh for a supplier of goods has to mandatorily register under Goods and Services Tax. This limit is set at Rs.10 lakhs for North Eastern and hilly states flagged as special category states
Imthias ahamed Kormath
(910 Points)
Replied 28 June 2021
Any taxable goods or services can not move from one state to other state in a financial year with a remuneration.
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