Several states opt to double GST threshold

Kerala is so far the only state to retain the  GST threshold at an annual turnover of Rs 20 lakh for businesses in the state, even as half-adozen states agreed to double the registration and tax limit for manufacturers to Rs 40 lakh. So far, six states have decided to double the threshold after the  GST Council last week agreed to the move aimed at reducing the compliance burden on small…