Implementation of decisions taken in 32nd GST Council meeting from 1st April,2019

CA Aravind Penugonda | Last updated: 04 September 2019

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The GST Council in its32ndMeeting held on 10thJanuary, 2019, inter-alia,had taken the following decisions to be effective from 1stApril, 2019 (01.04.2019): a) Higher Exemption Threshold Limit for Supplier of Goods (Notification No. 10/2019 - Central Tax, dated the 7thof March, 2019) : There would be two Threshold Limits for exemption from registration and payment of GST for the Suppliers of Goods i.e. Rs. 40 lakhs and Rs. 20 lakhs. States would have an option to decide about one of the limits

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

CA Aravind Penugonda

Chartered Accountant

Qualified as Chartered Accountant in November 2017. Completed articleship with specialization in GST,earlier Indirect taxes such asService tax Central excise and Internal audit. Independently handled tax reviews under both GST earlier indirect taxes in various sectors (E.g. Manufacturing includingSEZ/ EOU, Real Estate ... Read more

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