EXEMPTION LIMIT OF SERVICE PROVIDER

[NIRAJ NIRALA]

Where GST Registration limit is enhanced to 40lacs in case of Contract labour supplier

AI Summary

GST Exemption Limits: 20L for Services, 50L for Composition Scheme, 40L for Goods Suppliers Only in Some States A discussion on a forum addressed the exemption limits under the Goods and Services Tax (GST) for service providers. A query was raised about the GST registration limit of 40 lakhs for contract labor suppliers. One respondent clarified that the threshold exemption limit for services is 20 lakhs, and for the composition scheme for services, it is 50 lakhs. Another respondent noted that the 40 lakhs threshold applies only to suppliers exclusively dealing in goods and not in every state.