GST Applicability Limits in India

GST Applicability Limits in India

Blog Article

The GST applicability limit refers to the turnover threshold beyond which businesses must register for GST. If a business’s turnover remains below this limit, GST registration is optional. However, once turnover exceeds the threshold, GST registration in India becomes mandatory.

Example:

Let’s say a Delhi-based handicraft seller generates a turnover of ₹45 lakh in a financial year. Since the GST threshold for goods in normal states is ₹40 lakh, this business must register for GST.

On the other hand, a seller with ₹35 lakh turnover can continue operations without registering unless they opt for voluntary registration.

Report this page