What is the latest threshold limit for composition scheme for the dealer from special category states and non special category state?
And also explain the rate in case of manufacturer opted for composition scheme. Is it 1% whole or 1% CGST AND 1% SGST...
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COMPOSITION LEVY
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Latest threshold limit for Composition Levy is Rs. 75 lakhs (normal states) and Rs. 50 lakhs (special states).
Rate in case of manufacturer is 1% CGST & 1% SGST.
is in 20th gst council meeting rate of gst on works contract is changed from 18 % to 12% with input tax credit .plz confirm
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