what is the Limit of Turnover applicable to the entities for entering into composition levy?
for May 2018 IPCC examination applicability.
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Composition levy
Replies (7)
it is 100 lac and for specifide category state 75 lac.
still 1 crore turnover in gst rule composition turnover prescribe 1 crore
after amendment of gst rule limit changes to 1.5 crore ( for taking reg) but for rules in gst it changes in 2 crore ( still rule not amended )
after amendment of gst rule limit changes to 1.5 crore ( for taking reg) but for rules in gst it changes in 2 crore ( still rule not amended )
The turnover limit has been extended to 1.5 crores vide 23rd GST Council Meeting.
Turn over limit is 1.5 cr 
no official notification till now
nope turnover limit is 1 crore pls do not confuse recipient ...
i clear in my above reply why turnover limit still applicable 1 crore ..
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