composition turnover limits ?
1cr or 1.5 cr
Composition
Manjunatha A S (Part time lecture ) (32 Points)
01 December 2018
7 Replies
NS KHARTHIKVIJAYAN
(15 Points)
Replied 01 December 2018
whose aggregate turnover in the preceding financial year did not exceed fifty lakh rupees,
saurabh sawlani
(Self employed )
(2193 Points)
Replied 01 December 2018
agreed with vishesh sir 1 crore limit for composition scheme taxpayer
Priya Mangal
(119 Points)
Replied 01 December 2018
there has been increased from 1 crore to 1.5 crorw
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 01 December 2018
Its 1 crore
In amenment Act 2018 dt 29/08/2018 , its being increased to 1.5 core but NOT had been notified yet , hence its 1 crore at present
In amenment Act 2018 dt 29/08/2018 , its being increased to 1.5 core but NOT had been notified yet , hence its 1 crore at present
Sowmiya
(Student)
(126 Points)
Replied 01 December 2018
mr. Pankaj sir could you please d website where such notification published by authority
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 02 December 2018
@ Sowmiya
Its in Gazette of India
MENT)
ACT, 2018
(NO. 31 OF 2018)
[29th August, 2018]
An Act further to amend the Central Goods and Services Tax Act, 2017.
BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:—
1. (1) This Act may be called the Central Goods and Services Tax (Amendment)
Act, 2018.
(2) Save as otherwise provided, the provisions of this Act shall come into force on
such date as the Central Government may, by notification in the Official Gazette, appoint:
Provided that different dates may be appointed for different provisions of this Act and
any reference in any such provision to the commencement of this Act shall construed as
a reference to the coming into force of that provision.
EXTRAORDINARY
PART II — Section 1
izkf/kdkj ls izdkf'kr
PUBLISHED BY AUTHORITY
No. 44] NEW DELHI, THURSDAY, AUGUST 30, 2018/BHADRAPADA 8, 1940 (SAKA)
bl Hkkx esa fHkUu i`"B la[;k nh tkrh gS ftlls fd ;g vyx ladyu ds :i esa j[kk tk ldsA
Separate paging is given to this Part in order that it may be filed as a separate compilation.
MINISTRY OF LAW AND JUSTICE
(Legislative Department)
New Delhi, the 30th August, 2018/Bhadrapada 8, 1940 (Saka)
The following Act of Parliament received the assent of the President .
If you need plz provide your mail Id , i can mail you the whole amended Act
Its in Gazette of India
MENT)
ACT, 2018
(NO. 31 OF 2018)
[29th August, 2018]
An Act further to amend the Central Goods and Services Tax Act, 2017.
BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:—
1. (1) This Act may be called the Central Goods and Services Tax (Amendment)
Act, 2018.
(2) Save as otherwise provided, the provisions of this Act shall come into force on
such date as the Central Government may, by notification in the Official Gazette, appoint:
Provided that different dates may be appointed for different provisions of this Act and
any reference in any such provision to the commencement of this Act shall construed as
a reference to the coming into force of that provision.
EXTRAORDINARY
PART II — Section 1
izkf/kdkj ls izdkf'kr
PUBLISHED BY AUTHORITY
No. 44] NEW DELHI, THURSDAY, AUGUST 30, 2018/BHADRAPADA 8, 1940 (SAKA)
bl Hkkx esa fHkUu i`"B la[;k nh tkrh gS ftlls fd ;g vyx ladyu ds :i esa j[kk tk ldsA
Separate paging is given to this Part in order that it may be filed as a separate compilation.
MINISTRY OF LAW AND JUSTICE
(Legislative Department)
New Delhi, the 30th August, 2018/Bhadrapada 8, 1940 (Saka)
The following Act of Parliament received the assent of the President .
If you need plz provide your mail Id , i can mail you the whole amended Act
Recent Topics
- 26 AS.NOT ABLE TO LOGIN TO TRACES
- Immovable Construction ITC
- ITR Form Selection for Salary Arrears – FY 2
- Collection on Behalf of Client
- Form 24Q text file
- Form 26QB -Paid TDS 122750
- Reversal of Custom duty as per para 6.08 FTP 2023
- Filing ITR for commission income
- Clarification Regarding RCM Liability in GSTR-4 fo
- Rechange of Tax Regime from last year to current y
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
