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Threshold limit under GST to take registration has now been increased to Rs. 40 lakhs

April 6, 2019
Any person who is supplying goods only and whose total turnover in a financial year does not exceed Rs. 40 lakhs is now not required to take registration under GST. This exemption applies subject to conditions, inter-alia, that such person is not making any inter-state supply, is not a casual taxable person, is not a non-resident taxable person etc.
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