GST Compliance Disclaimer

VeoMart operates in full compliance with the Goods and Services Tax (GST) Act, 2017. Our current annual turnover is below the prescribed threshold limit of ₹40,00,000 (Forty Lakh Rupees) applicable to suppliers of goods within the State of Tamil Nadu. Consequently, GST registration is not mandatory for our business at this stage.

In accordance with the guidelines issued by the Central Board of Indirect Taxes and Customs (CBIC), GST registration is required only when:

The aggregate annual turnover exceeds ₹40,00,000 for the supply of goods within non-special category states (including Tamil Nadu); or
The business engages in the supply of goods to customers located in other states or union territories (interstate sales).

As VeoMart currently operates exclusively within Tamil Nadu and does not undertake interstate supplies, GST is neither collected from customers nor reflected on our invoices at present.

GST Applicability: GST obligations will arise once VeoMart’s annual turnover exceeds ₹40,00,000 or interstate sales commence, whichever occurs earlier.

This disclaimer is subject to change in accordance with any amendments to applicable GST laws and regulations.