<p style="text-align:justify"><span style="font-size:14px"><span style="background-color:white"><span style="color:#333333">The minimum threshold is INR2 million of aggregate turnover in a financial year. However, in certain states the limit is reduced to INR1 million. Composition scheme is available for turnovers up to INR15 million and rate of tax is as specified under Section 10 of the CGST Act.</span></span></span></p>

<p style="text-align:justify"><span style="font-size:14px"><span style="background-color:white"><span style="color:#333333">Section 23 of the CGST Act specifies persons who are not required to be registered (e.g. a farmer, a person having wholly exempt turnover, etc.) Section 24 of the CGST Act specifies persons who are required to register irrespective of the turnover (e.g. persons making interstate supply, casual taxable persons, non-resident taxable persons, etc.)</span></span></span></p>