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of <h1>GST Composition Taxpayers Must Display Status on Bills and Signs to Avoid Penalties u/r 5, CGST Rules 2017.</h1> The circular from the Commissioner of Central GST and Central Excise, Gandhinagar, advises composition taxable persons under the CGST Act, 2017 to comply with specific requirements. They must print 'COMPOSITION TAXABLE PERSON, NOT ELIGIBLE TO COLLECT TAX ON SUPPLIES' prominently on each bill of supply and display 'COMPOSITION TAXABLE PERSON' on signs at all business locations. Non-compliance with these conditions may lead to penalties, fines, or prosecution under GST Law. The notice emphasizes adherence to Rule 5 of the CGST Rules, 2017, to avoid legal actions.
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