Read Time:1 Minute, 46 Second Goods and Service tax GST tax exemption Businesses with turnover of up to Rs 40 lakh exempted from GST Team Bulls Wire August 24, 2020October 9, 2020 Share Earlier, the GST exemption limit was fixed at Rs 20 lakh. In addition, those with a turnover of up to Rs 1.5 crore can opt...