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        Question 13 - What is the threshold for opting to pay tax under the composition scheme?

        FAQ on GST dated 21.9.2016 based on Draft Model GST
        Chapter 2
        Levy of and Exemption from Tax

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        Composition scheme threshold clarified: eligibility requires aggregate turnover below the prescribed limit to opt for composition tax. The threshold for opting to pay tax under the composition scheme is the aggregate turnover in the financial year; a person whose aggregate turnover in the financial year does not exceed the notified threshold may elect to avail the composition scheme and pay tax under that scheme rather than under the regular provisions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Composition scheme threshold clarified: eligibility requires aggregate turnover below the prescribed limit to opt for composition tax.

                                The threshold for opting to pay tax under the composition scheme is the aggregate turnover in the financial year; a person whose aggregate turnover in the financial year does not exceed the notified threshold may elect to avail the composition scheme and pay tax under that scheme rather than under the regular provisions.


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