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    <title>GST Update 3 - GST threshold</title>
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    <description>Proposed GST threshold rules set turnover bands determining registration and liability: below a low-end threshold no registration or GST payment; between lower and upper thresholds liable to a concessional tax rate; concessional rate excluded for inter State supplies; GST Council to fix the concessional quantum and the standard rate; reduced threshold proposed for Northeastern areas.</description>
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