How to differentiate Threshold limit with Threshold Exemption?
What is Threshold limit? How does Threshold Exemption work under GST regime? What are the difference between Threshold limit and Threshold Exemption?
Under GST system, the following information explains about Threshold limit and Threshold Exemption.
As per GST terms, Threshold limit means limit which allows the person to do business without obtaining registration under GST. Threshold Exemption means Exemption which allows the person to do business without obtaining registration under GST.
The details about Threshold limit and Threshold Exemption with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on Threshold limit and Threshold Exemption, so as to enable you to have a clear idea on these GST terms.
For your immediate reference, we give below web links on Threshold limit and Threshold Exemption separately below. You may kindly read the below links to know more about Threshold Exemption and Threshold limit.
What is Threshold limit under GST
Threshold Exemption under GST
The above information easily explains about Threshold Exemption and Threshold limit.
I hope, you have satisfied with the difference between Threshold limit and Threshold Exemption explained above. Do you have different thought on difference between Threshold Exemption and Threshold limit?
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