GST rate for manufacturer if the turnover is under 50 lakh
Dinesh Goyal (4 Points)
12 June 2017
is there any different rate on turnover limits
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195388 Points)
Replied 12 June 2017
Not as such, unless you opt for composition scheme.
Sameer Sawant
(32 Points)
Replied 12 June 2017
if the turnover is below 75 lakhs you can opt for composition scheme where supply will be taxed @ 2%
SUBHASH JAISWAL
(ACCOUNTANT)
(23 Points)
Replied 12 June 2017
under composite scheme its 2.5% but its having some criteria
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195388 Points)
Replied 13 June 2017
@ Rambir Yadav: Refer: https://howtoexportimport.com/HSN-codes-for-GST-4769.aspx
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