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Threshold limit on Medical Store


Shubham Mahalkar   09 April 2020

Shubham Mahalkar

 4 points

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

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mvramana (Student)     09 April 2020

mvramana
Student 
 12 likes  268 points

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Which State? In AP 40L for goods.

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Pankaj Rawat (GST Practitioner)     09 April 2020

Pankaj Rawat
GST Practitioner 
 3342 likes  45127 points

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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

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Shivam RC (Student)     09 April 2020

Shivam RC
Student 
 2143 likes  17062 points

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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.


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