Regarding Exempt


This query is : Resolved 

Quick Summary
If your business turnover from exempt supplies exceeds £40 lakhs, you generally do not need to register for GST. This applies if your entire turnover consists solely of exempt goods or services. Businesses exclusively dealing in exempt supplies are not liable for GST registration, regardless of their turnover amount.

25 May 2024 Dear Experts
My exempt turnover above 40 Lacs, Then need to GST registration ?

25 May 2024 No need if that is the only turnover (in exempted products)..

A person dealing with 100% exempted supply is not liable to register irrespective of turnover.

05 September 2024 Good Luck.


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