Heading 9981
Services – Exemption from GST
GST
Services provided by an incubatee up to a total turnover of fifty lakh rupees in a financial year subject to the following conditions, namely:-
(a) the total turnover had not exceeded fifty lakh rupees during the preceding financial year; and
(b) a period of three years has not elapsed from the date of entering into an agreement as an incubatee.
Definition
(zh) “incubatee” means an entrepreneur located within the premises of a Technol
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