Articles on Composition Scheme
Manufacturers – Now pay 50% less GST
By Paras Mehra January 2, 2018
Manufacturers! We have good news for you this New Year as government has decided to reduce the tax on manufacturers by 50% under composition scheme in line with the traders.
GST Composition Scheme limit raised to Rs.1 Crore – GST Council Meeting
By Paras Mehra October 6, 2017
The GST council in 22nd council meeting which is being held at the Vigyan Bhawan reached a consensus that the limit for composition scheme should be raised to 75 lakh said the Finance minister of Andhra Pradesh.
GST Composition reopens – Now opt for composition scheme under GST till 30th September 2017
By Garima Sahi September 11, 2017
Now, here comes the second opportunity for all the registered person who wants to avail or opt the composition scheme till 30th September 2017. Earlier the due date for availing the composition scheme was 16th August.
Latest: Turnover limit for Composition Levy increased from 50 Lakh to 75 Lakh
By Paras Mehra June 12, 2017
In the 16th meeting of the GST council headed by Finance Minister Arun Jaitley, the turnover limit for composition levy has been increased from 50 Lakh to 75 Lakh.
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