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The GST Council has exempted small businesses making intra-state supplies through e-commerce platforms from taking GST registration if their turnover is below Rs 40 lakh in case of goods and Rs 20 lakh in case of services. The rule will kick in from October 1.
Small suppliers on e-commerce platforms should be allowed to conduct inter-state supplies devoid of GST registration if their turnover does not go beyond a certain level, recommends think tank Global Trade Research Initiative. The GST Council has exempted small businesses when it comes to taking GST registration concerning intra-state supplies via e-commerce platforms if their turnover is under Rs 40 lakh in relation to goods and Rs 20 lakh in relation to services.