News
Rs 20 lakh registration exemption not for inter-state traders
- Date:
- July 7, 2017
- Source:
- Economic Times
The traders supplying goods to other states will need to register under the Goods and Services Tax ( GST ) even if their turnover is below Rs 20 lakh, Revenue Secretary Hasmukh Adhia said on Thursday. "A trader dealing only in exempted goods or where his turnover is below Rs 20 lakh in the financial year, but not engaged in inter-state supplies, is not required to register under GST," Adhia said h…