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Exemptions on service by CG or SG

Indirect Taxation

If central government or state government provide services to an business entity whose turnover is more than 20lakhs but service cost is less than 5000 is it exempt from GST? It should be taxable na as turnover of business entity exceeded 20 lakhs?

Venkateshwara Prabhu

CA Inter

★ 16K+

12-Apr-20 22:35

465

Answers (2)

Itâ??s exempt since value of supply is less than 5000. Separate line item is given for exemption in this regard. Please check our notes and video once again.