GST threshold reduction: state notification lowers turnover benchmark for applicability effective from the stated fiscal start. The State amends its prior GST notification by substituting the previously specified turnover benchmark with a lower benchmark, thereby changing the threshold for applicability of the original notification. The substitution takes effect from the stated operative date and is made under the rulemaking power conferred by the state GST Rules.
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GST threshold reduction: state notification lowers turnover benchmark for applicability effective from the stated fiscal start.
The State amends its prior GST notification by substituting the previously specified turnover benchmark with a lower benchmark, thereby changing the threshold for applicability of the original notification. The substitution takes effect from the stated operative date and is made under the rulemaking power conferred by the state GST Rules.
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