How does the Goods and Services Tax Council determine the threshold limit of turnover for exempting goods and services from taxes?
The Goods and Services Tax Council determines the threshold limit of turnover for exempting goods and services from taxes by making recommendations to the Union and States. This is mentioned in point (d) under clause (4) of the given context, which states: "the Goods and Services Tax Council shall make recommendations to the Union and the States on—(d) the threshold limit of turnover below which goods and services may be exempted from goods and services tax".