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of <h1>Small Business Tax Relief: Opt for Composition Levy under Kerala GST Ordinance 2017 with Turnover Limits and Conditions</h1> Under the Kerala Goods and Services Tax Ordinance, 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 regular tax, with rates up to one percent for manufacturers, two and a half percent for certain suppliers, and half a percent for others. Eligibility requires the absence of service supplies, non-taxable goods, inter-State supplies, and e-commerce transactions. The option lapses if turnover exceeds the limit, and such persons cannot collect tax or claim input tax credit. Ineligibility incurs penalties under sections 73 or 74.
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