Registration limit 40 lakh

Registration 500 views 12 replies

are gst registration limit extended to 40lakh or not
notification to aai thi
is applied notification or not

Replies (12)
Limit has been extended from April 19 on ward
This limit is applicable from FY19-20 onward, i.e., for financial year starting from 1 April 2019.

only for goods

Sir/mam thanks but problem is this
a assessee is already registered having turnover 27.5lakh
I want to cancel registration can I do
Yes you can .... if dealing only in supply of Goods .

Notification no is 10/2019 CT , dt. 7/3/19
OK thanks ji
u cannot cancel rc. the amendmend is in s.23 and not in s. 22.

goods 40 lakhs and services 20 lakhs

Originally posted by : kameswararao
goods 40 lakhs and services 20 lakhs

only for good h ji
The Turnover threshold limit of Rs.40 lakhs is only for the Dealers who are exclusively engaged in the "SUPPLY OF GOODS".

Refer Notification No. 10/2019, CT, dated 07.03.2019.

Regards.
good clarification and information


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