Seeks to amendment in Notification No. F A 3-51-2019-1-V(29), dated 4th May, 2020 - F A 3-51-2019-1-V(17)

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<h1>Madhya Pradesh lowers GST threshold from Rs. 10 crore to Rs. 5 crore effective August 1, 2023, u/r 48(4).</h1> The Madhya Pradesh State Government has amended Notification No. F A 3-51-2019-1-V(29) from May 4, 2020, under the Madhya Pradesh Goods and Services Tax Rules, 2017. Effective August 1, 2023, the amendment changes the threshold from 'ten crore rupees' to 'five crore rupees' in the first paragraph of the original notification. This change is made under the authority of sub-rule (4) of Rule 48, following the recommendations of the Council. The amendment is authorized by the Deputy Secretary on behalf of the Governor of Madhya Pradesh.

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