profile-img
Ministry of Finance

@FinMinIndia

Official Account of the Ministry of Finance, Government of India.

calendar_today09-07-2014 17:30:14

64,2K Tweets

3,8M Followers

173 Following

Ministry of Finance(@FinMinIndia) 's Twitter Profile Photo
Ministry of Finance
@FinMinIndia

3 years ago

Now, Businesses with an annual turnover of up to Rs 40 lakh are GST exempt. Initially, this limit was Rs 20 lakh. Additionally, those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay only 1% tax. (1/5)

Now, Businesses with an annual turnover of up to Rs 40 lakh are GST exempt. Initially, this limit was Rs 20 lakh. Additionally, those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay only 1% tax. (1/5)
account_circle