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GST limit for individual vendor.
if a vendor X provides vehicle for hire and company paid for that as Vehicle hire expense then GST is compulsory for vendor or not if amount exceed rupee 38 lacs. please brief
Replies (3)
Rahul Sharma
GST is compulsory in the given case
Thank you
You can also write to me at sthayin @ gmail for further assistance
GST is compulsory in the given case
Thank you
You can also write to me at sthayin @ gmail for further assistance
Please differentiate the limit 20 lacs & 40 lacs.
GST threshold limits ---
New Limits – For Sale of Goods
Exceeds Rs.40 lakh ....Yes –
For Normal Category States
From 1st April 2019
Exceeds Rs.20 lakh .... Yes –
For Special Category States
From 1st April 2019
------
New Limits – For Providing Services
There has been no change in Threshold limits for Service Providers. it is 20 lakhs
New Limits – For Sale of Goods
Exceeds Rs.40 lakh ....Yes –
For Normal Category States
From 1st April 2019
Exceeds Rs.20 lakh .... Yes –
For Special Category States
From 1st April 2019
------
New Limits – For Providing Services
There has been no change in Threshold limits for Service Providers. it is 20 lakhs
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