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GST Registration Limit 40 Lakhs Notification
Enhanced to Rs. 40 lacs
Except persons engaged in making intra-State supplies in the States of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikkim, Telangana, Tripura, Uttarakhand – Except persons required to take compulsory registration under section 24 – Except suppliers of Ice cream and other edible ice, whether or not containing cocoa; Pan masala; Tobacco and manufactured tobacco substitutes.
The threshold for registration for service providers would continue to be Rs 20 lakhs and in the case of Special Category States Rs 10 lakhs Composition Levy.
Provisions Before 1st April 2019:- The threshold turnover limit For Trader, and Manufacturer – Rs. 1 Crore For Restaurant Service Only – 1 Crore The Rate – For Trader, and Manufacturer – 1% For Restaurant Service– 5%. For Services, other than restaurant scheme –No composition scheme However, Trader/Manufacturer can provide services to the extent of ten percent of turnover subject to a maximum Rs. 5 lacs Notification No. 10/2019-Central Tax- To give exemption from registration for any person engaged in the exclusive supply of goods and whose aggregate turnover in the financial year does not exceed Rs 40 lakhs.
Threshold limit for GST registration (Effective from 1st April 2019) For those engaged in the exclusive supply of goods Enhanced to Rs. 40 lacs except the
It was the Rs. 20 lakh of threshold limit for the supplier of goods only under the original GST regime declared by the government in July 2017.
To make it more clear, suppliers or dealers of goods whose annual turnover of up to Rs 20 Lakhs are not required to register under the GST regime.
Therefore, suppliers or dealers of goods with a threshold turnover of Rs 20 Lakhs and above are required to register under GST compulsorily. This exemption threshold annual limit, however, has been doubled in the 32nd GST Council meeting from Rs.
20 lakhs to 40 lakhs. Moreover, this exemption threshold limit of up to Rs 40 Lakhs is not applicable for taxpayers who are:
It is mandatory to register under Section 24 of the CGST Act
Involved in the business of supply of goods such as:
- Ice cream and other edible products related to ice whether or not containing cocoa
- Tobacco and tobacco-manufactured substitutes
- Pan masala
For Special Category States
The threshold limit under GST registration for northeastern and hilly states was Rs. 10 lakhs in the previously followed GST regime.
The Special Category States include:
- Assam
- Jammu and Kashmir
- Meghalaya
- Arunachal Pradesh
- Manipur
- Sikkim
- Tripura
- Mizoram
- Nagaland
- Himachal Pradesh
- Uttarakhand
| Language | English |
| No. of Pages | 43 |
| PDF Size | 2 MB |
| Category | Government |
| Source/Credits | – |
GST Registration Limit 40 Lakhs Notification PDF Free Download