GST threshold increase revises state notification turnover limits, adjusting registration eligibility and compliance requirements. The State Government, under sub section (1) of section 10 of the Jharkhand GST Act, substitutes the monetary expressions in Notification No.50/2017-State Tax so that the previously specified upper threshold is replaced by a larger threshold and the previously specified middle threshold is increased; these textual substitutions are effective from 13th October, 2017.
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GST threshold increase revises state notification turnover limits, adjusting registration eligibility and compliance requirements.
The State Government, under sub section (1) of section 10 of the Jharkhand GST Act, substitutes the monetary expressions in Notification No.50/2017-State Tax so that the previously specified upper threshold is replaced by a larger threshold and the previously specified middle threshold is increased; these textual substitutions are effective from 13th October, 2017.
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