✓ Exempt: Special Economic Zone (SEZ) units — for own supplies
✓ Exempt: Government departments, local authorities
✓ Exempt: Persons registered under Section 51 (TDS deductors)
✓ Exempt: Persons registered under Section 52 (TCS collectors)
Frequently Asked Questions
If you supply both goods and services, the lower threshold applies. Since the service threshold is ₹20 lakh (₹10 lakh in special states), that is the effective threshold for your combined registration requirement — even if your goods turnover alone is below ₹40 lakh.
Agricultural produce sold directly by a farmer is generally exempt from GST. However, processed agricultural products, sale by a registered trader, and produce that has undergone processing may attract GST. Agricultural income itself is not taxable under GST — GST applies to the supply of goods and services, not income.
Yes. A person whose aggregate turnover does not exceed the threshold can apply for voluntary GST registration. This is beneficial if you want to claim ITC, supply to GST-registered businesses who need valid tax invoices, or build business credibility.
You must apply for registration within 30 days of the day on which your aggregate turnover first exceeds the threshold. The effective date of registration is the date on which you became liable to register.