If a person is engaged in inter state supply of goods , he is required to obtain a compulsory registration under section 24 of CGST Act However, the relief has been provided if he makes inter state supply of handicraft goods having an aggregate turnover of upto 20L/10L.
Also as per Section 23, if a person is engaged in making exclusive supply of goods the threshold limit is extended to 40L for registration.
Let's say a person makes an intrastate supply of goods of 25L and inter state supply of handicraft goods of 10L. Will he be liable for registration?
GST Registration Exemption for Handicraft Goods: Understanding Section 24 and Turnover Limits for Interstate Supplies. A query was raised regarding the registration requirements under the GST for interstate supply of handicraft goods. The discussion clarified that while Section 24 of the CGST Act mandates registration for interstate supplies, exemptions exist for handicraft goods if turnover does not exceed certain limits. The replies highlighted that the aggregate turnover, including exempt supplies, is considered for registration. Additionally, specific states have different threshold limits. In the scenario presented, a supplier with a total turnover of 35L (25L intrastate and 10L interstate handicrafts) is not liable for registration, assuming no supplies from certain states. (AI Summary)
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