Jignesh passwala 14 September 2020
sir as per ca club india article posted on 1 st Sept for gst registration limit specified that as per sec 22 every supplier shall be liable to be registered under this act in the state or union territory other then special category states from where he makes a taxable supply of goods or services or both if his aggregate turnover in a financial year exceed FOURTY LAKH RUPEES
CA NEHA RAMPURIA (Taxation Consultant) 14 September 2020
In case of supply of services the registration limit as per GST LAW is different for services and different for goods. For supply of Services it is Rs 20 lakhs / 10 lakhs and in case of goods this limit is 40 lakhs/ 20 lakhs
Shivam RC (Student) 14 September 2020
Latest Aggregate Turnover limits to opt for GST Registration :
1). Person engaged in both Supply of GOODS as well as Supply of SERVICES ( Mixed Supplier ) :-
"Rs. 20 lakhs."
2). Person engaged in both Supply of GOODS as well as Supply of SERVICES in "SPECIAL CATEGORY STATES" ( restricted to Manipur, Mizoram, Nagaland and Tripura w.e.f 01/02/2019 ) :
"Rs. 10 lakhs."
3). Persons engaged in "EXCLUSIVE SUPPLY OF GOODS" as per Notification No. 10/2019 - Central Tax, dated 07th March 2019 :
"Rs. 40 lakhs."
4). Persons engaged in Exclusive Supply of "SERVICES" :
"Rs. 20 lakhs."
Sagar Patel (Tax and Business Consultant) 14 September 2020
@ Jignesh ji
there is a mistake in that article which published on 01 September, 2020
Articles wrongly mentioned the limit of 40 lakhs for all,which is incorrect in nature....