Special Economic Zone unit added; turnover threshold for applicability raised in GST notification amendment. The amendment adds Special Economic Zone unit to the entities referred to in the first paragraph of the original notification and substitutes the existing monetary benchmark with a revised benchmark of five hundred crore rupees, thereby expanding the notification's scope and raising the turnover-based threshold under the stated provision.
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Special Economic Zone unit added; turnover threshold for applicability raised in GST notification amendment.
The amendment adds Special Economic Zone unit to the entities referred to in the first paragraph of the original notification and substitutes the existing monetary benchmark with a revised benchmark of five hundred crore rupees, thereby expanding the notification's scope and raising the turnover-based threshold under the stated provision.
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