GST REGISTRATION

HEARD NOW MIN LIMIT FOR GST REGISTRATION  REQD IS 40 LAKHS INSTEAD OF EARLIER 20 L.

DOES THAT MEAN ANY CO EXISTING NOT HAVING REGISTRATION OR NEW  LIKE COMMISION AGENCY

OR ARCHITECT ETC HAVING COMMISSION /FEES LESS THAN 39 LAKHS DOES NOT NEED TO GET GST REGISTRATION NOR COLLECT THE SAME.

 

SANJAY SHAH

Replies (1)
For services threshold limit is 20lakh. Limit has been increased only for dealers exclusively dealing in goods and not services.

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