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Threshold limit on Medical Store

Shubham Mahalkar (4 Points)

09 April 2020

What is the new threshold limit for GST on Medical Stores?

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3 Replies

mvramana (Student) (285 Points)
Replied 09 April 2020

Which State? In AP 40L for goods.

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 09 April 2020

As per Notification 10/2019 CT , a person exclusively engaged in supply of goods whose aggregate Turnover in previous Fy not exceeds 40lac not required to obtain Registration & for state Arunachal Pradesh , Manipur, Mizoram, Nagaland, Puduchary, Sikkim, Telangana, Utranchal it's 20 Lac

Shivam RC (Student) (23683 Points)
Replied 09 April 2020

Agree with Pankaj Sir...

If dealing in EXCLUSIVE SUPPLY OF GOODS, then the turnover threshold limit for GST Registration is Rs. 40 lakhs. Refer Notification No. 10/2019 - Central Tax, dated 07.03.2019.