GST SUMMARY

AGGREGATE TURNOVER	BELOW 20 LAKH, 10 LAKH IN SPL CAT STATES	BELOW 1 CRORE, 75 LAKH IN SPL CAT STATES	ABOVE 1 CRORE, 75 LAKHS SCS	EXEMPTED DEALERS
CATEGORY	UNREGISTERED	COMPOSITION	REGULAR	UNREGISTERED
LOCAL PURCHASES	ALLOWED	ALLOWED	ALLOWED	ALLOWED
LOCAL SALES	ALLOWED	ALLOWED	ALLOWED	ALLOWED
INTERSTATE PURCHASES	ALLOWED	ALLOWED	ALLOWED	ALLOWED
INTERSTATE SALES	NOT ALLOWED	NOT ALLOWED	ALLOWED	ALLOWED
INTERSTATE STOCK TRANSFER	NOT ALLOWED	NOT ALLOWED	ALLOWED	ALLOWED
INTERSTATE SERVICES	ALLOWED	NOT ALLOWED	ALLOWED	ALLOWED
RCM-SPL CATEGORY U/S 9(3)	COMPULSORY REGISTRATION	APPLICABLE	APPLICABLE	COMPULSORY REGISTRATION
RCM-URD U/S 9(4)	NOT ALLOWED	NOT ALLOWED TILL 31/03/18	NOT ALLOWED TILL 31/03/18	NOT ALLOWED
RETURNS REGULAR MONTHLY—3 QRTLY-1 COMPO.-QRTLY	NO RETURN	1 QRTLY 1 ANNUAL	BELOW 1.5 CRORE T.O. QRTLY  ABOVE 1.5 CRORE T.O. MONTHLY 3 + 1 ANNUAL	NO RETURN
INVOICE TYPE – EXEMPTED SUPPLY	ANY TYPE	BILL OF SUPPLY	BILL OF SUPPLY	ANY TYPE
INVOICE TYPE – TAXABLE SUPPLY	ANY TYPE	BILL OF SUPPLY	TAX INVOICE	ANY TYPE
OUTPUT TAX LIABILITY	NO LIABILITY	1%, 2%, 5% + RCM @ REGULAR RATES	REGULAR RATES	NO LIABILITY
INPUT TAX CREDIT	NO ITC	NO ITC	ALLOWED	NO ITC