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ASSAM GST THRESHOLD

Others 427 views 4 replies
Assam GST threshold limit has been raised from ₹ 20 Lakhs to ₹ 40 Lakhs?
What's the date of effect of ₹ 40 Lakhs Threshold limit in Assam ?
Replies (4)
Sir kindly note that the Threshold Iimit of Rs. 40 lakhs is only applicable for persons engaged in "EXCLUSIVE SUPPLY OF GOODS".

As per Notification No. 10/2019 - Central Tax (Rate), dated 07th March 2019, the threshold limit for GST Registration for persons engaged in EXCLUSIVE SUPPLY OF GOODS has been increased to Rs. 40 lakhs. This Notification came into effect from 01st April 2019.

So the threshold limit of Rs. 40 lakhs is applicable on Assam w.e.f 01st April 2019 ( 01/04/2019 ).

Regards.
@ shivam RX

what about 24/08/2020 amendment??
Sir what amendment came in 24th August 2020 with regard to Turnover threshold limit in Assam ? I'm not aware about it. Can you plz elaborate Sir.
Https://cleartax.in/s/gst-registration-limits-increased

I didn't understand many terms here. like 'Assam opted to ₹ 40 Lakhs'.
Does it mean that Assam threshold limit is extended to ₹ 40 Lakhs? What's 'opted to'???


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