EXEMPTION FROM REGISTRATION OF ELECTRONIC COMMERCE OPERATOR WHOSE AGGREGATE TURNOVER IS BELOW RS.20. LAKHS AND 10 LAKHS IN SPECIAL CATEGORY STATES
The
Goods and Services Tax Act, 2017 came into force in India with effect from
1.7.2017.
The
Central Government has notified that the persons making
supplies of services, other than supplies
specified under sub- section (5)
of section 9 of the said Act through an electronic
commerce operator who is
required to collect tax at source under section 52 of
the said Act, 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 and Rs.10 Lakhs in respect of “Special Category States”.
The
Central Government 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. 65/2017 – Central
Tax
New Delhi, the
15th November, 2017
G.S.R. …..(E).— In exercise of the powers conferred by 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 supplies of services, other than supplies specified under sub- section (5)
of section 9 of the said Act through an electronic
commerce operator who is
required to collect tax at source under section 52 of
the said Act, 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.349/58/2017-GST(Pt)]
(Dr.Sreeparvathy S.L.) Under
Secretary to the Government of India