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The minimum turnover for GST is twenty lakh rupees. If an entrepreneur makes a taxable supply of goods and services or both and the aggregate turnover in a financial year exceeds twenty lakh rupees then he should get the GST registration for his business.
About the Author
Yash Chauhan is a law graduate from the University of Delhi and a skilled content writer at Corpseed. With a keen interest in the legal industry, he specializes in writing articles on contemporary legal developments, corporate compliances, business regulations, environmental circulars, and licensing procedures. His well-researched and insightful content provides valuable information to businesses and individuals navigating the legal landscape.
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