Revised FAQs by CBEC on Composition Scheme

Guest , Last updated: 11 July 2017  
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Q 1. What is composition levy under GST? Ans. The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rs. 75 lakhs (Rs. 50 lakhs in case of few States). The objective of composition scheme is to bring simplicity and to reduce the complianc

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