What is the exemption limit for GST registration for a shop involved exclusively in sale of medicines in Karnataka?
The medical shop run by a qualified pharmacist having a gross turnover less than 30-32 lakh in the state of Karnataka mandatorily need to register for GST or not?
Menu
GST registration for medical shop in Karnataka
Replies (1)
The exemption limit for GST registration for a shop involved exclusively in the sale of medicines in Karnataka is Rs. 40 lakhs per annum. This means if your annual turnover does not exceed Rs. 40 lakhs, you are not required to register for GST.
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
