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<h1>Composition Levy scheme allows eligible small taxpayers quarterly tax at a prescribed rate but bars input tax credit.</h1> The Composition Levy is an optional simplified GST regime for eligible small taxpayers allowing quarterly payment of tax at a prescribed percentage of turnover, with simplified returns and reduced recordkeeping. Composition dealers cannot make inter state supplies, cannot claim input tax credit, and must not collect tax from recipients. The option lapses if aggregate turnover exceeds the statutory limit in a financial year. Wrongful availing of the scheme exposes the person to tax liability, penalties and formal tax determination procedures, with administrative guidance on proper officer roles for registration and composition compliance.