Amendment in Notification No. F A 3-51/2019/1/V(29), Bhopal date 04.05.2020 - F A 3-51/2019/1/V (85)

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<h1>Madhya Pradesh GST Rules Amended: Monetary Threshold Lowered from Rs. 500 Crore to Rs. 100 Crore, Effective January 2021.</h1> The Madhya Pradesh State Government has amended its notification No. F A 3-51/2019/1/V(29) dated May 4, 2020, under the Madhya Pradesh Goods and Services Tax Rules, 2017. Effective January 1, 2021, the amendment changes the monetary threshold in the first paragraph from 'five hundred crore rupees' to 'one hundred crore rupees.' This change is made under the authority of sub-rule (4) of rule 48, following the Council's recommendations. The amendment is issued by the Commercial Tax Department, Bhopal, in the name of the Governor of Madhya Pradesh.

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