{"id":3975,"date":"2020-03-19T06:34:48","date_gmt":"2020-03-19T06:34:48","guid":{"rendered":"https:\/\/commerceiets.com\/?p=3975"},"modified":"2020-03-19T06:34:48","modified_gmt":"2020-03-19T06:34:48","slug":"exemptions-under-gst","status":"publish","type":"post","link":"https:\/\/commerceiets.com\/exemptions-under-gst\/","title":{"rendered":"EXEMPTIONS UNDER GST"},"content":{"rendered":"\n<h2 class=\"has-text-align-center wp-block-heading\"><strong>EXEMPTIONS UNDER GST<\/strong><\/h2>\n\n\n\n<p>Exemption refers to the release or privileged freedom from some duty or tax. <a rel=\"noreferrer noopener\" aria-label=\"GST (opens in a new tab)\" href=\"https:\/\/commerceiets.com\/gst\/\" target=\"_blank\">GST<\/a> also provides exemptions to some parties regarding the registration.&nbsp;There are some people who are exempted from the <a href=\"https:\/\/commerceiets.com\/online-gst-registration\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"GST Registration (opens in a new tab)\">GST Registration<\/a> based on what is the nature of their supply.<\/p>\n\n\n\n<p>The taxpayers who are exempted from GST\nRegistration are:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Agriculturists.<\/li><li>Persons falling in&nbsp;Threshold Exemption Limit.<\/li><li>Persons making&nbsp;Nil-Rated\/&nbsp;Exempt supplies&nbsp;of goods and services.<\/li><li>Persons&nbsp;making&nbsp;Non-Taxable\/&nbsp;Non-GST supplies&nbsp;of goods and services.<\/li><li>Activities that are neither Supply of Goods nor Services.<\/li><li>Persons making only supplies covered under&nbsp;reverse charge.<\/li><\/ul>\n\n\n\n<p>The details of all the parties\nexempted are as follows:<\/p>\n\n\n\n<p class=\"has-green-background-color has-background\"><strong>AGRICULTURISTS<\/strong><\/p>\n\n\n\n<p>An agriculturist is a person who supplies the\nproducts out of his cultivation land. They will be given exemptions from GST\nRegistration.&nbsp;Agro-inputs like fertilizers, seeds, irrigation (electricity\nis required), machinery and all other agricultural services are also exempted\nunder GST regime.<\/p>\n\n\n\n<p class=\"has-green-background-color has-background\"><strong>PERSONS FALLING IN THRESHOLD EXEMPTIONS LIMIT<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"184\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2020\/03\/image-36.png\" alt=\"\" class=\"wp-image-3977\" srcset=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2020\/03\/image-36.png 600w, https:\/\/commerceiets.com\/wp-content\/uploads\/2020\/03\/image-36-300x92.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption><strong>EXEMPTIONS UNDER GST<\/strong><\/figcaption><\/figure>\n\n\n\n<p>A business entity with an annual turnover\nless than Rs. 20 lakh is given exemptions from GST registration. But there are\nsome special category states (Arunachal Pradesh, Assam, Jammu and Kashmir,\nManipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Himachal Pradesh and\nUttarakhand) where this threshold limit is Rs. 10 lakh.&nbsp;<a href=\"https:\/\/www.legalraasta.com\/gst\/wp-content\/uploads\/2017\/06\/GST_Exemption_Limit.png\" target=\"_blank\" rel=\"noopener\"><strong><\/strong><\/a><\/p>\n\n\n\n<p class=\"has-green-background-color has-background\"><strong>PERSONS\nMAKING&nbsp;NIL-RATED\/&nbsp;EXEMPT SUPPLIES<\/strong><\/p>\n\n\n\n<p>These are the persons who are engaged in the\nbusiness of supplying common items which are in the exemptions list of GST. Some\nof them are&nbsp;mentioned below:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>All unprocessed food&nbsp;like rice, wheat,\nbread, milk, vegetables, cereals, eggs, meat, fish, salt etc.&nbsp;&nbsp;<\/li><li>Train travel by local and sleeper classes<\/li><li>Education&nbsp;<\/li><li>Healthcare (but not medicines)<\/li><li>Hotels, lodges with room rent less than&nbsp;<strong>Rs\n1,000<\/strong><\/li><li>Kid\u2019s colouring \/drawing books<\/li><li>Bindis, sindoor, bangles, etc<\/li><\/ul>\n\n\n\n<p class=\"has-green-background-color has-background\"><strong>PERSONS&nbsp;MAKING&nbsp;NON-TAXABLE\/&nbsp;NON-GST\nSUPPLIES<\/strong><\/p>\n\n\n\n<p>Such items do not come under the purview or scope of GST:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"504\" height=\"183\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2020\/03\/image-37.png\" alt=\"\" class=\"wp-image-3978\" srcset=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2020\/03\/image-37.png 504w, https:\/\/commerceiets.com\/wp-content\/uploads\/2020\/03\/image-37-300x109.png 300w\" sizes=\"auto, (max-width: 504px) 100vw, 504px\" \/><figcaption><strong>EXEMPTIONS UNDER GST<\/strong><\/figcaption><\/figure>\n\n\n\n<p class=\"has-green-background-color has-background\"><strong>ACTIVITIES\nTHAT ARE NEITHER SUPPLY OF GOODS NOR SERVICES<\/strong><\/p>\n\n\n\n<p>These include:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Services by an employee.<\/li><li>Services by any Court or Tribunal.<\/li><li>Functions and duties of \u2013<ul><li>MPs, MLAs, Members of Panchayats, Municipalities and other local authorities;<\/li><li>Person holding any Constitutional Post;&nbsp;<\/li><li>Person as a Chairperson or a Member or a Director in a body.<\/li><\/ul><\/li><li>Funeral Services.<\/li><li>Sale of land and building.<\/li><li>Actionable claims (other than lottery, betting, and gambling).<\/li><\/ol>\n\n\n\n<p class=\"has-green-background-color has-background\"><strong>PERSONS MAKING ONLY SUPPLIES COVERED\nUNDER&nbsp;REVERSE CHARGE<\/strong><\/p>\n\n\n\n<p>The Central Government has on 19th June 2016 via Notification No. 5\/2017 exempted such persons from obtaining registration who are only engaged in making supplies of taxable goods or services, the total tax on which is liable to be paid on reverse charge basis by the recipient of such goods or services. This notification shall come into force on&nbsp;<strong>22nd June 2016<\/strong>.<\/p>\n\n\n\n<p><strong>QUESTION COVERED<\/strong><\/p>\n\n\n\n<p>Do you agree that exemptions are given to Goods and Services from GST under the Act? If yes, then state the area of exemption in brief.<\/p>\n\n\n\n<p><strong>JOIN THE CHANNEL ON TELEGRAM<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/t.me\/commerceiets\" target=\"_blank\">https:\/\/t.me\/commerceiets<\/a><\/p>\n\n\n\n<p><strong>CONNECT ON LINKEDIN<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.linkedin.com\/in\/kajal-mahajan-7549b2197\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.linkedin.com\/in\/kajal-mahajan-7549b2197\/<\/a><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Also Study:<\/strong><\/td><td><strong>Also Study:<\/strong><\/td><td><strong>Also Study:<\/strong><\/td><td><strong>Also Study:<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/features-of-gst\/\">GST and its features<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/history-of-gst\/\">History of GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/advantages-of-gst-in-india\/\">Advantages of GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/disadvantages-of-gst\/\">Disadvantages of GST<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/constitutional-aspect-of-gst\/\">Constitutional aspects of GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/liability-of-tax-payer\/\">Liability of tax payer<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/objectives-of-gst\/\">Objectives of GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/what-is-igst\/\">IGST<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/cgst\/\">CGST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/gst-council\/\">GST Council<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/utgst-full-form\/\">UTGST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/sgst\/\">SGST<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/levy-and-collection-of-gst\/\">Levy and collection of GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/composition-levy\/\">Composition Levy<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/online-gst-registration\/\">Online GST Registration<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/exemptions-under-gst\/\">Exemptions under GST<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/reverse-charge-in-gst\/\">Reverse Charge in GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/taxable-supply\/\">Taxable supply<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/time-of-supply\/\">Time of supply<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/value-of-supply\/\">Value of supply<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/place-of-supply\/\">Place of supply<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/inter-state-supply\/\">Inter-state supply<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/intra-state-supply\/\">Intra-state supply<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/what-is-composite-supply\/\">Composite supply<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/mixed-supply\/\">Mixed supply&nbsp;<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/composite-and-mixed-supply\/\">Composite and mixed supply<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/online-payment-of-gst\/\">Online payment of GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/how-to-claim-tcs-in-gst\/\">How to Claim TCS in GST<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/how-to-claim-tds-in-gst\/\">How to claim TDS in GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/input-tax-credit-under-gst\/\">Input tax credit under GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/tax-invoice-under-gst\/\">Tax Invoice<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/debit-note\/\">Debit Note in GST<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/credit-note\/\">Credit Note in GST<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/revised-invoice-in-gst\/\">Revised Invoice in GST<\/a><\/td><td><a href=\"http:\/\/v\" target=\"_blank\">Supplementary Invoice<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/e-way-bill-in-gst\/\">E-Way bill in GST<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/gst-returns\/\">GST Returns<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/goods-and-service-tax-network\/\">GSTN (Goods and Service Tax Network)<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/gst-suvidha-provider\/\">GST Suvidha Provider<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/gst-portal\/\">GST Portal<\/a><\/td><\/tr><\/tbody><\/table><figcaption><strong>EXEMPTIONS UNDER GST<\/strong><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>EXEMPTIONS UNDER GST Exemption refers to the release or privileged freedom from some duty or tax. GST also provides exemptions to some parties regarding the registration.&nbsp;There are some people who are exempted from the GST Registration based on what is the nature of their supply. The taxpayers who are exempted from GST Registration are: Agriculturists&#8230;.<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/commerceiets.com\/exemptions-under-gst\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;EXEMPTIONS UNDER GST&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":3976,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[229],"tags":[],"class_list":["post-3975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-goods-and-service-tax"],"_links":{"self":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/3975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/comments?post=3975"}],"version-history":[{"count":0,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/3975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media\/3976"}],"wp:attachment":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media?parent=3975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/categories?post=3975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/tags?post=3975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}