How much gst exemption do you have?

[Kevin]

I’m trying to understand how much GST exemption do you have and what the current threshold limits are. Can someone explain the minimum turnover required for GST registration, and how much GST exemption is available for small businesses or individuals? Also, do these limits differ based on business type or location?

 

[Emly]

In India, GST exemption limits are:

• ₹40 lakh turnover for businesses dealing in goods (most states)
• ₹20 lakh for services
• ₹10 lakh in special category states