TMI BlogWhat are the benefits available to small tax payers under the GST regime?X X X X Extracts X X X X X X X X Extracts X X X X ..... les - Q 19. What are the benefits available to small tax payers under the GST regime? Ans. Tax payers with an aggregate turnover in a financial year up to [Rs.10 lakhs] would be exempt from tax. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t tax credit (ITC) benefits. Tax payers making inter-State supplies or paying tax on reverse charge basis shall not be eligible for threshold exemption. - - statute, statutory provisions legislati ..... X X X X Extracts X X X X X X X X Extracts X X X X
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