How to differentiate Inter State supplies with Revised Threshold limit?
What are Inter State supplies? How does Revised Threshold limit work under GST regime? What are the difference between Inter State supplies and Revised Threshold limit?
Under GST system, the following information explains about Inter State supplies and Revised Threshold limit.
As per GST terms, Inter State supplies IGST would be levied on all supplies of goods or services in the course of inter-state trade or commerce. IGST would be applicable to import of goods or services from outside country as well, which is indicated in the Constitutional Amendment Act, 2016. Revised Threshold limit means limit which allows the person to do business without obtaining registration under GST.
The details about Inter State supplies and Revised Threshold limit with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on Inter State supplies and Revised Threshold limit, so as to enable you to have a clear idea on these GST terms.
For your immediate reference, we give below web links on Inter State supplies and Revised Threshold limit separately below. You may kindly read the below links to know more about Revised Threshold limit and Inter State supplies.
Inter State supplies under GST
Revised Threshold limit under GST
The above information easily explains about Revised Threshold limit and Inter State supplies.
I hope, you have satisfied with the difference between Inter State supplies and Revised Threshold limit explained above. Do you have different thought on difference between Revised Threshold limit and Inter State supplies?
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