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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Karnataka GST Order 2017: Clarifies Composition Scheme Eligibility u/s 10, Excluding Exempt Services from Turnover Calculation.</h1> The Karnataka Goods and Services Tax (Removal of Difficulties) Order, 2017 addresses issues related to section 10 of the Karnataka GST Act, 2017. It clarifies that individuals supplying goods or services, including exempt services like extending deposits, loans, or advances, are eligible for the composition scheme under section 10 if all other conditions are met. Additionally, when calculating aggregate turnover for composition scheme eligibility, the value of exempt services, such as those involving interest or discounts, should not be included. This order is issued by the Government of Karnataka following the Council's recommendations.
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