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Exemption for Less than 20 Lakh Turnover
There are news reports all over the Internet from mainstream newspapers that govt has decided to extend 20 Lakh exemption limit to e-commerce sellers as well. Could somebody please Confirm. Is it temporary waiver or permanent? I read this in TOI, DNA and The Hind?
Replies (3)
The provision is like that any dealer sells product through e-commerce, can't opt composition scheme.
I know that. I am asking about exemption from GST registration. Earlier online sellers had to register for GST even for Rs 1 sale. However I read it recently that govt is also allowing online sellers with turnover of less than 20 Lakhs to not register for GST.
Exemption limit for every assessee is same. So, he can avail basic exemption limit of rs. 20 lakhs
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