Ashok Traders, a sole proprietary concern is engaging in the supply of exempted and taxable goods within Kerala only. The following are the sales made by the dealer in the month of April, 2022. All the sales amounts are

CS Professional · Advanced Tax Laws · PYQS · June 2023
Ashok Traders, a sole proprietary concern is engaging in the supply of exempted and taxable goods within Kerala only. The following are the sales made by the dealer in the month of April, 2022. All the sales amounts are exclusive of GST: Intra-state sales of non-taxable goods: ₹4,00,000 Intra-state sales of taxable goods: ₹14,00,000 Intra-state sales of tobacco: ₹3,00,000 Intra-state sale of alcoholic liquor for human consumption: ₹4,00,000 With the consideration of the provisions of the CGST Act, 2017 and on the basis of the above given details: What is the threshold limit for taking registration in the case of Ashok Traders?

Answer & Explanation:

Threshold Limit for Registration in the case of Ashok Traders: The general threshold limit for registration for persons exclusively engaged in intra-state supply of goods is ₹40 lakhs. However, this enhanced threshold limit is not applicable to certain categories of suppliers, including those engaged in the supply of tobacco products. Since Ashok Traders is engaged in the supply of tobacco, the enhanced threshold limit of ₹40 lakhs does not apply to him. Therefore, the applicable threshold limit for taking registration in the case of Ashok Traders is ₹20,00,000 .

Topics: Goods and Services Tax (GST)

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