What is the threshold limit for mandatory GST registration for service providers

What is the threshold limit for mandatory GST registration for service providers in India?

What is the threshold limit for mandatory GST registration for service providers in India?

Step 1: Understand what GST is. GST stands for Goods and Services Tax, which is a tax on the supply of goods and services in India.
Step 2: Know that businesses providing services may need to register for GST.
Step 3: Identify the threshold limit for mandatory GST registration. This is the minimum amount of revenue a service provider must earn before they are required to register.
Step 4: Learn that the threshold limit for service providers in India is Rs. 20 lakh.
Step 5: Remember that if a service provider's total revenue exceeds Rs. 20 lakh in a financial year, they must register for GST.

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