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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Bihar GST Order 2017: Exempt Services Like Interest Not Counted in Turnover for Composition Scheme Eligibility u/s 10.</h1> The Bihar Goods and Services Tax (Removal of Difficulties) Order, 2017 addresses challenges in implementing the Bihar GST Act, 2017, specifically section 10. The order clarifies that individuals supplying goods or services, including exempt services like loans or advances with interest or discount, remain eligible for the composition scheme if other conditions are met. It further states that exempt service values, such as interest or discount from loans or advances, should not be included when calculating aggregate turnover for composition scheme eligibility. This order was issued by the Governor of Bihar on the Council's recommendation.
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