composition scheme

Dear Ajeeth Singh,

Jewellers are eligible for Composition scheme. No restriction has been put on them till date.

Tax rate is fixed at 3 %, As per my interpretation composition scheme is not applicable on jewellers, for further clarity on composition scheme and applicable tax rates for jewellers under GST you can visit following websites.

/articles/composition-scheme-gst-30293.asp

https://www.business-standard.com/article/economy-policy/gst-jewellers-breathe-easy-with-3-tax-on-gold-0-25-on-rough-diamond-117060300892_1.H T M L

Dear Karan Batra,

Till date, GST Council has notified only 3 goods not eligible for Composition scheme - Tobacco, Pan masala, Ice creams/ blocks etc

Jewellery has not been specified in such list. Hence, I feel jewellers are also eligible for composition scheme. However, this may be taken off.