Composition scheme-turnover limit 1.5crore notification
This query is : Open
03 February 2018
Can u please provide me the Composition scheme turnover limit 1.5crore notification???
03 February 2018
There was a press release dated 10-Nov-17 where GST council has highlighted that the limit will be amended to increase the statutory threshold to Rs.2 crore. But it was only a proposal. I think that proposal has still not seen the light of the day.
Udaya Chandran
(Expert)
03 February 2018
As of now, the limit is only Rs.1 Crore.
04 February 2018
No more notification available or issued by CBEC. The decision taken by CBEC are 1.5cr / 2cr ceiling limit is only on decision based values. These not implemented or Applicable...
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