- The Indian Central Board of Indirect Taxes and Customs issued Notification No. 15/2025 on September 17
- The notification establishes an aggregate turnover threshold of 20 million Indian rupees for GST return filing exemption
- This threshold amount equals approximately US$226,996 in value
- The exemption applies specifically to the 2024 to 2025 annual GST return filing period
- The notification comes from India’s Central Board of Excise and Customs authority
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "India"
- AAR Rules GST Applies to Small Packaged Shrimp Exports, Citing Retail Packaging Criteria
- Supreme Court to Decide if Leasehold Rights Transfer is Taxable Under GST Law
- Only Entity Named as Exporter in Customs Documents Can Claim Service Tax Refund: CESTAT
- CESTAT: Testing Services to Foreign Clients Qualify as ‘Export of Services’ under FTDR Act
- CESTAT Rules Dell India’s Services to Foreign Affiliates Qualify as Export, Allows Appeal
