Registration exemption for exclusive goods suppliers below prescribed turnover threshold, subject to specified exceptions and excluded goods. Persons engaged exclusively in the supply of goods with aggregate turnover in a financial year not exceeding forty lakh rupees are specified as exempt from obtaining registration under the Jammu and Kashmir GST Act, subject to exceptions for those required to take compulsory registration, suppliers of goods listed in the Table (including ice cream, pan masala, and tobacco products), persons making intra state supplies in certain States/UTs, and persons opting for or continuing registration; effective 1 April 2019.