A query was raised regarding the applicable GST threshold limit for a client in Madhya Pradesh who has both commercial house property income and business income. The question was whether the limit is Rs. 40 lakh or Rs. 20 lakh. The consensus provided is that the aggregate threshold limit is Rs. 20 lakh.
19 June 2024
HELLO SIR, ONE OF MY CLIENT FROM MP HAVING HOUSE PROPERTY (COMMERCIAL) INCOME AND BUSSINESS INCOME BOTH SO WHAT WOULD BE GST THRESHHOLD LIMIT (40 LAKH OR 20 LAKH). PLEASE SUGGEST.