Turnover threshold under Rajasthan GST reduced, lowering the taxable turnover limit and altering applicability criteria. The notification amends an earlier Rajasthan GST notification by substituting the previously prescribed higher monetary expression in the first paragraph with a lower monetary expression, thereby reducing the turnover threshold that determines which taxpayers fall within the relevant regulatory category; the change is made under the relevant rule of the Rajasthan GST Rules and specifies the date from which the new monetary expression takes effect.
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Turnover threshold under Rajasthan GST reduced, lowering the taxable turnover limit and altering applicability criteria.
The notification amends an earlier Rajasthan GST notification by substituting the previously prescribed higher monetary expression in the first paragraph with a lower monetary expression, thereby reducing the turnover threshold that determines which taxpayers fall within the relevant regulatory category; the change is made under the relevant rule of the Rajasthan GST Rules and specifies the date from which the new monetary expression takes effect.
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