https://www.taxtmi.com/article/detailed?id=6867 The article contends that model GST registration thresholds and the subsequent trigger for tax liability impose disproportionate compliance burdens on self employed and very small traders because typical fixed costs, low gross profit margins and long breakeven requirements mean many such operators will not earn taxable net income at turnover levels set for mandatory registration; the author therefore urges substantial upward revision of GST exemption limits, with higher separate thresholds for goods suppliers and service providers to prevent forced non compliance and preserve ease of doing business. en-us Mon, 20 Jun 2016 08:21:48 +0530 Mon, 20 Jun 2016 08:21:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6867 The article contends that model GST registration thresholds and the subsequent trigger for tax liability impose disproportionate compliance burdens on self employed and very small traders because typical fixed costs, low gross profit margins and long breakeven requirements mean many such operators will not earn taxable net income at turnover levels set for mandatory registration; the author therefore urges substantial upward revision of GST exemption limits, with higher separate thresholds for goods suppliers and service providers to prevent forced non compliance and preserve ease of doing business. Articles Goods and Services Tax - GST Mon, 20 Jun 2016 08:21:48 +0530 https://www.taxtmi.com/article/detailed?id=6867