Composition tax rate

obeid (learner) (292 Points)

04 July 2017  

I need clarification on second point who are those comming under this 2.5% of compsition scheme

(i) one per cent. of the turnover in State in case of a manufacturer,

(ii) two and a half per cent. of the turnover in State in case of persons engaged in making supplies referred to in clause (b) of paragraph 6 of Schedule II of the said Act, and

(iii) half per cent. of the turnover in State in case of other suppliers:

These are the wordings in the Notification No. 8/2017-Central Tax dated 27/06/2017