How much turnover is required to get registered under GST?
How much turnover is required to get registered under GST?
Asked on May 29, 2017 in Retail and Wholesale Trade.
20 lakh aggregate turnover under single PAN. Aggregate turnover includes all type of sales including non taxable supplies. Under single PAN indicates that even if you have different outlets in different states then total of all will be considered. For certain states (Northeast states and hilly area states) the limit is of 10 lakhs.
20 lakhs other than notheran State, 10 lakhs for northern states, even some cases no thrsholad limit applicable, like interstate supply…TDs, tcs, isd ext.
Threshold limit is 20 Lacs. However there are some cases where u have to take registration irrespective of turnover limit.
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