- 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"
- GSTN Advisory 624: New Changes in Invoice Management System Effective October 2025
- CBIC Monitors Retailers to Ensure GST Rate Cut Benefits Reach Consumers
- CBIC Monitors GST Benefit Transfer to Consumers Amid Rate Cuts
- India Introduces GST 2.0 with Simplified Two-Slab Tax Structure
- India Announces GST Rate Consolidation Effective 22 September 2025
