How to differentiate Revised Threshold limit with Revenue neutral rate?
Difference between Revenue neutral rate and Revised Threshold limit under GST terms
What is Revised Threshold limit? How does Revenue neutral rate work under GST regime? What are the difference between Revised Threshold limit and Revenue neutral rate?
Under GST system, the following information explains about Revised Threshold limit and Revenue neutral rate.
Threshold limit means limit which allows the person to do business without obtaining registration under GST.
Revenue neutral rate (RNR) is a structure of different rates established in order to match the current revenue generation with revenue under GST. RNR calculation has to include the cascading effect on certain goods having no excise or sales tax implications.
For your immediate reference, we give below web links on Revised Threshold limit and Revenue neutral rate separately below. You may kindly read the below links to know more about Revenue neutral rate and Revised Threshold limit.
Revised Threshold limit under GST
Term Revenue neutral rate (RNR) under GST
The above information easily explains about Revenue neutral rate and Revised Threshold limit.
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