VATupdate

Share this post on

Exempt small suppliers making inter-state supplies on e-commerce platforms from GST registration: GTRI

Think tank Global Trade Research Initiative (GTRI) said small suppliers on e-commerce platforms should be permitted to undertake inter-state supplies without GST registration if their turnover does not exceed the threshold. The GST Council has exempted small businesses making intra-state supplies through e-commerce platforms from taking GST registration if their turnover is below Rs 40 lakh in case of goods and Rs 20 lakh in case of services. The rule will kick in from October 1.

Source a2ztaxcorp

Sponsors:

VAT news

Advertisements:

  • VATupdate.com
  • AXWAY - VATupdate Banner