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10 lakh limit.

Vijay Boliya (54 Points)

05 August 2018

What is the reason behind the 10 lakh limit of supply in specific areas, For covering under gst.

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3 Replies

RAJA P M ("Do the Right Thing...!!!") (127417 Points)
Replied 05 August 2018

https://www.quora.com/Why-do-special-category-states-have-a-lower-threshold-limit-Rs-10-lakh-for-GST-exemption-compared-to-other-states-Rs-20-lakh

Vijay Boliya (54 Points)
Replied 05 August 2018

But this is the unjustified with the recipient of those areas because their already low purchasing power if tax imposed on supply then reduce the purchasing power and then supplier also face the struggle for sale goods and state are not developed I think government requires to increase limit above 20 lakh so more suppliers are supply more in those area and develop the state. And recipients get goods or services at lower rate so increased their purchasing power and develop the overall recipient, supplier and state.