When was the limit of rs.10 lacs under gst increased to 20 lacs
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A business whose aggregate turnover in a financial year exceeds Rs 20 lakhs has to mandatorily register under Goods and Services Tax. This limit is set at Rs 10 lakhsfor North Eastern and hilly states flagged as special category states. Also, the definition oftaxable turnover has been changed to aggregate turnover.
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