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of <h1>Section 9 Model GST Law: Composition Levy for Small Businesses with Turnover Under 50 Lakh; Conditions Apply</h1> Section 9 of the Model GST Law outlines the composition levy, allowing registered taxable persons with an aggregate turnover not exceeding fifty lakh rupees in the previous financial year to pay a reduced tax rate, subject to conditions. This option is unavailable to those supplying services, certain goods, making inter-State supplies, or selling through e-commerce operators. All entities under the same PAN must opt for this scheme. Eligibility ceases if turnover exceeds fifty lakh rupees. Tax cannot be collected from recipients, nor can input tax credit be claimed. Ineligibility results in penalties and additional tax liabilities.
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