PERSONS MAKING INTER-STATE SUPPLIES OF
TAXABLE SERVICES UPTO 25 LAKHS EXEMPTED FROM REGISTRATION
The Goods and
Services Tax Act, 2017 came into force in India with effect from 1.7.2017.
The Government
has specified the persons making inter-State
supplies of taxable services and having an aggregate turnover, to be computed on all India
basis, not exceeding an amount of twenty lakh
rupees in a financial year as the category of persons
exempted from obtaining
registration under the said Act:
Provided that the aggregate
value of such supplies, to be computed on all India basis, should not exceed an amount of ten lakh rupees in case of “special category States” as
specified in sub-clause
(g) of clause (4) of article 279A of the Constitution, other than the
State of Jammu and Kashmir.
The relevant
notification is given below for ready reference:
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]
Government
of India
Ministry of Finance
Department
of Revenue
Central Board of Excise and Customs
Notification No. 10/2017 – Integrated Tax
New Delhi, the 13th October, 2017
G.S.R. …..(E).— In exercise of the powers conferred by section 20 of the Integrated
Goods and Services Tax Act, 2017 (13 of 2017) read with sub-section
(2) of section 23 of the Central Goods and Services Tax Act,
2017 (12 of 2017) (hereafter in this notification
referred to as the said Act), the Central Government, on the recommendations of the Council, hereby specifies the persons making inter-State supplies
of taxable services and having an aggregate
turnover, to be computed on all India basis,
not exceeding an amount of
twenty lakh rupees in a financial year as the category of persons exempted
from obtaining registration under the said Act:
Provided
that the aggregate value of such supplies, to be computed on all India basis, should not exceed an amount of ten lakh rupees in case of “special category States” as
specified in sub-clause
(g) of clause (4) of article 279A of the Constitution, other than the
State of Jammu and Kashmir.
[F. No.349/74/2017-GST
(Pt.)]
(Dr. Sreeparvathy S.L.)
Under Secretary to the Government
of India