Current account by personel name

transaction limit of personel name of businemen current account
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Quick Summary
This discussion explores the transaction limits applicable to personal current accounts used by business owners. It aims to clarify the annual turnover thresholds that might trigger GST criteria for such accounts. The core question is about the necessary annual transaction amount in a personal current account before it's considered for GST coverage.

As per current account norms...

Which amount of annual transtion necessay in personel name current account for not covered in gst creteria

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