As per composition rule no. 5 point no. 1 rate of tax is 1% for manufacturers and "other than manufacturers of specified goods"
is there any list of specified goods ?
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Rate of Tax in Composition
Replies (3)
List to be notified. Not declared yet.
Govt. Can specify any goods or us there any restriction
This is law enacted for future ease. Whenever any need arise, it will be notified.
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