I have started a small business. Is GST mandatory?
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Shyamal Modi, Tax Advocate | Financial Advisor | Virtual CFO 
Answered on May 06,2022
If you are dealing only in goods and not selling out of your state, then GST Registration is not required if annual turnover is up to Rs. 40 Lakhs.
If you are dealing in services, then the threshold is Rs. 20 Lakhs!
Regards.
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