Latest Amendments in GST
CBIC has issued Notification & Circulations in 32nd GST Council Meeting
| Area | Before | Now | Notification No.& Link | With Effect From |
| GST Registration | Exemption from Registration for any Person engaged in exclusive Supply of Goods whose T/O does not Exceed 20Lacs | Exemption from Registration for any Person engaged in exclusive Supply of Goods whose T/O does not Exceed 40Lacs | N.No.10/2019-CT,07.03.2019 link:N.No. CT 10 https://bit.ly/2SMiMdC | 01.04.2019 |
| Composition Scheme For Goods | THL of aggregate T/O for availing Composition Scheme U/S 10 of CGST Act,2017 to Rs.1 Crore | THL of aggregate T/O for availing Composition Scheme U/S 10 of CGST Act,2017 to Rs.1.5 Crore | N.No.14/2019-CT,07.03.2019 Link:N.No. CT 14 https://bit.ly/2EInQKZ | 01.04.2019 |
| Composition Scheme For Services | Not Available | THL of aggregate T/O in preeceding year for availing Composition Scheme U/S 10 of CGST Act,2017 to Rs.50 Lacs with Tax Rate 6% | N.No.02/2019-CTR,07.03.2019 link:N.No. CTR 2 https://bit.ly/2VItJP9 | 01.04.2019 |
