Turnover Limit Under Section3 of G.S.T. Act
| Category | Turnover limit |
|---|
| I. A casual dealer | |
A Casual dealer. | Turnover of taxable goods exceeds Rs.1000. |
| II. Dealer dealing in lottery tickets | |
(a). Importers of lottery tickets (when value of lottery tickets imported in a year exceeds Rs.1,000).
(b). Dealer buying, selling or supplying goods. |
Turnover of sales of goods including that of lottery tickets Rs.10,000. Turnover of sale exclusively of lottery tickets Rs.1,25,000. |
| III. Other dealers buying, selling or supplying goods | |
(a). Importer: When value of taxable goods imported in a year exceeds Rs.10,000.
(b). Manufacturer: When value of taxable goods manufactured in a year exceeds Rs.10,000 and the value of taxable goods sold or purchased in a year exceeds Rs.10,000.
(c). Reseller: 1.Reseller: When value of taxable goods purchased from unregistered dealer during a year exceeds Rs.10,000 and the value of taxable goods sold or purchased in a year exceed Rs.10,000. 2.Other Reseller: When value of taxable goods sold or purchased in a year exceed Rs.10,000. |
Turnover limit Rs.2,00,000.
Turnover limit Rs.2,00,000.
Turnover limit Rs.2,00,000.
Turnover limit Rs.5,00,000. |
