Turnover Limit has been Increased to Rs.1 Crore for Composition Scheme

an eligible registered person, whose aggregate turnover in the preceding financial year did not exceed One Crore rupees, may opt to pay, in lieu of GST payable by him, an amount calculated at the rate of,––
(i) 2% of the turnover in case of a manufacturer,
(ii) 5% of the turnover in case of persons engaged in Hotel Business and
(iii) 1% of the turnover in case of other suppliers

Provided that the aggregate turnover in the preceding financial year shall be Seventy Five lakh rupees in the case of an eligible registered person registered in any following States, namely: –
(i) Arunachal Pradesh,
(ii) Assam,
(iii) Manipur,
(iv) Meghalaya,
(v) Mizoram,
(vi) Nagaland,
(vii) Sikkim,
(viii) Tripura,
(ix) Himachal Pradesh

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