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CLAT CLAT Solved Paper-2019

  • question_answer
    In a major relief to micro, small and medium enterprises, the GST Council has recently increased the tax exemption limit per annum to

    A) 20 lakhs         

    B)        30 lakhs

    C) 40 lakhs         

    D)        60 lakhs

    Correct Answer: C

    Solution :

    Sol.      [c] GST Council doubled the limit for exemption from payment of Goods and Services Tax (GST) to? 40 lakh. The increased (exemption) limit is applicable for those businesses who deal in goods and also do intra-state trade and not for those who do intra-state transactions.


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