Threshold reduction for GST registration narrows taxable turnover threshold, effective April first, 2022, altering prior notification. Exercising powers under sub-rule (4) of rule 48 of the Assam Goods and Services Tax Rules, 2017, the Government substitutes the words 'fifty crore rupees' with 'twenty crore rupees' in the first paragraph of Notification No. FTX. 56/2017/Pt-II/545 dated 22nd May, 2020, with effect from the 1st day of April, 2022, and declares the notification deemed issued on the 24th day of February, 2022.
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Threshold reduction for GST registration narrows taxable turnover threshold, effective April first, 2022, altering prior notification.
Exercising powers under sub-rule (4) of rule 48 of the Assam Goods and Services Tax Rules, 2017, the Government substitutes the words "fifty crore rupees" with "twenty crore rupees" in the first paragraph of Notification No. FTX. 56/2017/Pt-II/545 dated 22nd May, 2020, with effect from the 1st day of April, 2022, and declares the notification deemed issued on the 24th day of February, 2022.
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