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Turnover limit for composition

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threshhold limit in composition is 50 lakhs or 75 lakhs...?
Replies (7)
20 lkh to 75 lkh
75 lakes.....
75 lac
75 lacks ............
75 lacs in specified syates 50 L
Revised Limit is 75 lakhs.
The GST Council in its meeting held on 11th June, 2017has
recommended
increase
in
the
afore
said
turnover
limit
for Composition Levy
for CGST and SGST purposes
from Rs.50
lakh to Rs.
75 lakh
in respect of all
eligible
registered persons
,
referred to
in the
afore
said sub
-
section
.
 


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