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threshold for services
why was the GST threshold limit not increased from 20 to 40 lacs like other businesses....it is unfair for small service provider
Replies (3)
The profit percentage in Service Industry is way ahead when compared to Goods of same turnover, hence the government they were affordable to incur cost for maintaining books amd return filing.
not all services... government thinks only professionals are give services...there are so many services which have more then half as input cost of raw materials...like printing.. photocopies. etc....
why did you think that the threshold limit has to be increased
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