What is the threshold limit for GST registration for businesses in India, for services?
- A₹20 lakhs
- B₹50 lakhs
- C₹5 lakhs
- D₹10 lakhs
Solution & Step-by-step Explanation
Under the current Goods and Services Tax (GST) system in India, the aggregate turnover threshold limit for GST registration for normal category states providing services is ₹20 lakhs. For special category hill and northeastern states, this registration limit is set at ₹10 lakhs.