GST threshold reduction lowers the state turnover threshold for Bihar GST applicability, changing the higher limit to a lower limit effective August. A further notification issued 13 June 2023 amends Notification No. S.O. 110 (6 May 2020) by substituting the earlier higher turnover limit with a lower limit for purposes of Bihar GST applicability and classification; the amendment is made under the Bihar GST Rules on the Council's recommendation and takes effect from 1 August 2023.
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GST threshold reduction lowers the state turnover threshold for Bihar GST applicability, changing the higher limit to a lower limit effective August.
A further notification issued 13 June 2023 amends Notification No. S.O. 110 (6 May 2020) by substituting the earlier higher turnover limit with a lower limit for purposes of Bihar GST applicability and classification; the amendment is made under the Bihar GST Rules on the Council's recommendation and takes effect from 1 August 2023.
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