Q 20. What are the benefits available to small tax payers under the GST regime?


Ans. Tax payers with an aggregate turnover in a financial year  up  to  [Rs.10  lakhs]  would  be  exempt  from  tax.[Aggregate turnover shall include the aggregate value of all taxable and non-taxable supplies, exempt supplies and exports of goods and/or services and exclude taxes viz. GST.] Aggregate turnover shall be computed on all India basis. For…

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