Tax threshold increase under Jammu & Kashmir GST substitutes previous monetary threshold, raising the registration benchmark. Amendment substitutes the monetary threshold in SRO 279 by replacing the words 'Seventy-five lakh rupees' with the words 'one crore' under the exercise of powers conferred by sub-section (1) of section 10 of the Jammu and Kashmir Goods and Services Tax Act, 2017, on the recommendations of the Council.
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Tax threshold increase under Jammu & Kashmir GST substitutes previous monetary threshold, raising the registration benchmark.
Amendment substitutes the monetary threshold in SRO 279 by replacing the words "Seventy-five lakh rupees" with the words "one crore" under the exercise of powers conferred by sub-section (1) of section 10 of the Jammu and Kashmir Goods and Services Tax Act, 2017, on the recommendations of the Council.
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