Turnover threshold reduction for GST registration: state lowers taxable turnover threshold modifying eligibility and compliance from October. Amendment to the Bihar GST notification substitutes the previously stated turnover threshold with a lower figure in Notification No. S.O. 110 (dated 6 May 2020), effective 1 October 2022, thereby changing the turnover threshold that determines registration and compliance applicability under the Bihar Goods and Services Tax Rules pursuant to subrule (4) of rule 48.
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Turnover threshold reduction for GST registration: state lowers taxable turnover threshold modifying eligibility and compliance from October.
Amendment to the Bihar GST notification substitutes the previously stated turnover threshold with a lower figure in Notification No. S.O. 110 (dated 6 May 2020), effective 1 October 2022, thereby changing the turnover threshold that determines registration and compliance applicability under the Bihar Goods and Services Tax Rules pursuant to subrule (4) of rule 48.
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