Composition

Yes you can if turnover in the preceding FY is upto 1.5 cr (Rs. 75 Lakh) as the case may be .

Rate CGST @ 0.5 % and SGST @ 0.5% on taxable supply in the State / UT 

Important Notes : 

1. No ITC can be availed 

2. Not entitled to issue TAX INVOICE (have to issue Bill of Supply)  

3. Can not do inter state supplies 

Yes you can opt for the composiiton scheme provided the turnover is less than Rs. 1.50 crores or Rs. 75 Lacs as applicable.