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of <h1>Meghalaya GST Act, 2017, Section 10: Opt for Composition Levy with Turnover Limit, Specific Rates, and Eligibility Criteria</h1> The Meghalaya Goods and Services Tax Act, 2017, Section 10, allows registered persons with an aggregate turnover not exceeding fifty lakh rupees in the previous financial year to opt for a composition levy instead of regular tax. The rates are capped at one percent for manufacturers, two and a half percent for certain suppliers, and half a percent for others, subject to conditions. Eligibility excludes those supplying certain services, non-taxable goods, inter-state goods, or goods through e-commerce operators. The option lapses if turnover exceeds the limit, and ineligible persons face penalties. The government may raise the turnover threshold up to one crore rupees.
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