Aggregate turnover threshold may be raised for suppliers exclusively of goods upon state request and council recommendation. The amendment permits the Government, at a State's request and on Council recommendations, to enhance the aggregate turnover threshold in section 22(1) for suppliers engaged exclusively in the supply of goods to a higher notified ceiling subject to specified conditions and limitations; an explanation treats persons making exempt supplies of services by extending deposits, loans or advances for consideration in the form of interest or discount as still engaged exclusively in the supply of goods.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Aggregate turnover threshold may be raised for suppliers exclusively of goods upon state request and council recommendation.
The amendment permits the Government, at a State's request and on Council recommendations, to enhance the aggregate turnover threshold in section 22(1) for suppliers engaged exclusively in the supply of goods to a higher notified ceiling subject to specified conditions and limitations; an explanation treats persons making exempt supplies of services by extending deposits, loans or advances for consideration in the form of interest or discount as still engaged exclusively in the supply of goods.
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