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Turnover threshold increase for goods suppliers may be authorized subject to state request and council recommendation. The Government may, at the request of a State and on the recommendations of the Council, enhance the aggregate turnover registration threshold for suppliers engaged exclusively in the supply of goods up to a notified cap, subject to conditions and limitations; a person is still considered engaged exclusively in supply of goods even if making exempt service supplies of deposits, loans or advances where consideration is interest or discount.
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.
<h1>Turnover threshold increase for goods suppliers may be authorized subject to state request and council recommendation.</h1> The Government may, at the request of a State and on the recommendations of the Council, enhance the aggregate turnover registration threshold for suppliers engaged exclusively in the supply of goods up to a notified cap, subject to conditions and limitations; a person is still considered engaged exclusively in supply of goods even if making exempt service supplies of deposits, loans or advances where consideration is interest or discount.
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