As of today composition scheme is applicable to assess having turnover upto ₹ 1.00 cr, but GST council has recommended to extend the turnover limit upto ₹ 1.5 cr.
Yes, Turnover limit to opt Composition Scheme in Assam is Rs 75 lakhs.
Increment from INR 50 lakhs to 75 lakhs:
In this context, the Central Government vide Notification No. 8/2017- Central Tax dated 27th June, 2017 by evoking the power under the aforesaid section has increased this limit to INR 75,00,000/-.
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