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GST exemption limit for professional
Please clarify the GST exemption limit for professionals...Is there limit?
Replies (3)
20 Lakhs is the exemption limit
There is no different exemption limit of GST Registration for Business and Profession.
Rs. 20 lakhs is the Turnover threshold limit for GST Registration.
However, for Dealers dealing in EXCLUSIVE SUPPLY OF GOODS , for them the threshold limit is Rs. 40 lakhs.
Rs. 20 lakhs is the Turnover threshold limit for GST Registration.
However, for Dealers dealing in EXCLUSIVE SUPPLY OF GOODS , for them the threshold limit is Rs. 40 lakhs.
20 lakhs other than north eastern states.
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