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of <h1>Delhi GST Act 2017: Composition Levy Option for Small Businesses with Turnover Under 50 Lakh, Specific Rates Apply</h1> Under the Delhi Goods and Services Tax Act, 2017, a registered person with an aggregate turnover not exceeding fifty lakh rupees in the previous financial year may opt for a composition levy instead of the standard tax, subject to certain conditions. The rate is up to 1% for manufacturers, 2.5% for specific suppliers, and 0.5% for others. Eligibility criteria include restrictions on service supply, inter-State supply, and electronic commerce. The option lapses if turnover exceeds the specified limit. Tax cannot be collected from recipients, and input tax credit is not allowed. Ineligibility incurs penalties under sections 73 or 74.
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