Exemption of 20 lacs

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 June 2017 Dear Experts.
in previous year my turnover my turnover was 17 Lacs. but in this 17 Lacs it include the inter state supply also. pls tell me will i get the exemption of 17 Lacs. if No then do we need to charge Applicable GST even on intra state supply also.

Thanks
Rohit

CA Shubhanshu Jain

CA Shubhanshu Jain (Expert)
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30 June 2017 If any dealer in engaged in inter state supplies then there is no threshold limit for such dealers they have to take registration even if they have Rs.1 turnover and after getting registered you have to comply with all provisions of GST and tax is to charged both on interstate and intrastate supplies in following manner

On Interstate supplies - IGST
On intrastate supplies - CGST+SGST

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