Turnover calculation 40lacs

Gst Aggregate Turnover 40lacs limit is Only for that Financial Year or Cumulative Financial Years (Until 40lacs Turnover).
for Gst Registration.
Replies (6)
Quick Summary
This discussion clarifies the GST aggregate turnover limit of 40 lakhs for registration. The limit applies per financial year and is for the supply of goods only in certain states, not for services. It's not a cumulative limit across multiple financial years, and any changes would require government amendment to the act.

1)  40 lacs  of  turnover  in certain sates   for  supply  Goods  only  not  for  services .  

2)  Not  for  particular  financial  year .  

It is financial year wise.

Increase  or  decrease  of turn over  will  be decided   only after  amendment  in act  by the Govt  not  for a  particular  year .,So  there will not be  a different  turnover  limit  in the next  financial  year . 

The aggregate limit of Turnover to be checked in a financial year

Sorry  ,It  confusion  in my under  standing  of query  , I  thought  he is asking   turnover   limit  40 lacs  . 

No One gave Clarity Answer

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

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
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details