Dear Friends,
Please let me know whether threshold limits in GST applicable for each state or pan India basis?
Example:Reg limit of 20Lakhs, RCM exempt limit of 5000/day
since we are having businesses in 18 states
those limits can be applied for each state separately.
Thanks
Menu
Threshold Limits
Replies (2)
Applicable to each state separately as per section 22 of CGST act 2017
For registration 20 lakhs limit is in aggregate..... based on PAN INDIA supplies......
While RCM u/s. 9(4) of CGST (& u/s. 5(4) of IGST) has been suspended till March, 2018
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
