WHAT IS THE LIMIT OF TURNOVER FOR GST REGISTRATION IN CASE OF CLOTH STORE AND BOOK STORE
Reply—As per notification no. 10/2019 (central tax) dated 07.03.2019, if a person exclusively engaged in supply of goods and whose turnover does not exceed Rs.40 lakhs in a financial year is not required to get registered under GST. A trader of clothes and books having turnover not more than Rs. 40 lakhs is not required to get registered under GST.
Limit of 40 lakh will not applicable where a person is dealing in both supply of goods and services.
Posted Date: Sep 12, 2020