Exemption Limit under GST is 20 Lakh - SSI units and Small Service Provider

by Paras Mehra 21.2K

It has been quite a long discussion over the exemption limit under GST which has now being finalised by GST council. The exemption limit for Goods and Service Tax (GST) is as under:

Particulars

Amount

Exemption Limit for North-Eastern States

Rs.10 Lakh

Exemption Limit for Rest of India

Rs.20 Lakh

The exemption limit is applicable only when supply (sale) is made within the state. Any supply outside the state will attract registration provisions.

Is the exemption limit is liable to change?

The above is the finalised limit and not subject to any change by the authority. The GST Council is the final authority to decide on GST model.

When Exemption limits is not applicable

The following person shall have to register irrespective of the turnover;

Other Important points relating to exemption limit

Conclusion

The GST is a new law and not yet applicable in India. Hence, in case you have any doubt, or issue or question relating to exemption limit, you can ask through the contact window.

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