The Turnover Limit for the Composition Levy The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rupees 1 crore but after 7th March, 2019 the limit has increased the threshold limit of aggregate turnover for availing Composition Scheme under Section 10 of the Central Goods […]
Tag: composition scheme on gst
Rate of Tax and draft formats on Composition Levy under GST Act/Rule
Composition Scheme Under GST Composition Scheme Under GST The Indian Govt. wants to roll out The Historic Goods and Service Tax regime of business compliance in India- From- July 1, 2017, Large Organizations have the requisite resources and expertise to address these requirements. On the other side, many startups and Small Enterprises may struggle to […]