Registration threshold reduced under J&K GST Rule 48, narrowing taxable person eligibility and lowering the turnover trigger. Exercising powers under Sub Rule (4) of Rule 48, the Government amends Notification No. S.O. 39 dated 29 01 2020 read with S.O. 89 dated 10 03 2022 to substitute the notified turnover threshold with ten crore rupees, effective from the first day of October, 2022, thereby lowering the turnover benchmark for GST registration eligibility under the Jammu and Kashmir SGST Rules.
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Registration threshold reduced under J&K GST Rule 48, narrowing taxable person eligibility and lowering the turnover trigger.
Exercising powers under Sub Rule (4) of Rule 48, the Government amends Notification No. S.O. 39 dated 29 01 2020 read with S.O. 89 dated 10 03 2022 to substitute the notified turnover threshold with ten crore rupees, effective from the first day of October, 2022, thereby lowering the turnover benchmark for GST registration eligibility under the Jammu and Kashmir SGST Rules.
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