Threshold for registration under GST

389 views
User Avatar

Partner
36 Points Posted on 12 September 2020

Dear Friends,

What is the threshold limit for registration under GST for services?

On 24th August Finance Minister tweeted that businesses with 40 Lakh turnover are exempt from GST, is that a new announcement or is she just stating the fact that they increased the GST threshold on  goods to 40 Lakhs? 

Thanks 

Sandeep

 

0 Reply Share Follow Topic
On 12 September 2020 at 15:13 Report
Replies (2)
Quick Summary
This discussion clarifies the Goods and Services Tax (GST) registration thresholds. For services, the limit is generally £20 lakh (or £10 lakh for special category states). For businesses exclusively dealing in goods, the threshold is £40 lakh. The recent mention of the £40 lakh figure by the Finance Minister was a reminder of the existing limit for goods, not a new announcement.

User Avatar

Tax and Business Consultant
5533 Points Posted on 12 September 2020
Threshold limit for GST registration for service is 20 lakh (10 lakh for special category states).

Threshold limit for person exclusively dealing in Goods is 40 lakh.

It's old limit only..there is no new announcement, Finance Minister just posted old history of GST on her twitter account.
4 Reply
On 12 September 2020 at 16:13
User Avatar

Audit Executive
44 Points Posted on 08 October 2020

refer sec 22 of cgst act 2017.

Reply
On 08 October 2020 at 16:03

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. How to find a good CA
  2. Rcm on rent paid
  3. Clarify on GST Application
  4. Residential status for overseas students visitin
  5. Capital Gains Tax
  6. LTCG 112A and business loss
  7. FAST-DS 2026 applicability: foreign employee share
  8. NRI Property Sale in India: TDS Rates and Key Comp
  9. Clarification on September 2026 PF Calculation for
  10. DRC-03 interest paid under CGST/SGST instead of IG

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details