<h1>Composition levy simplifies GST for small taxpayers, permitting prescribed turnover-based quarterly payment with restricted input tax credit.</h1> Composition levy is an optional simplified GST scheme for small taxpayers allowing prescribed-percentage tax on turnover and quarterly returns. Eligibility is based on aggregate turnover across the PAN with lower thresholds for specified States; excluded are casual/non-resident persons, many service suppliers (except restaurants), inter-State suppliers, e-commerce TCS cases and notified manufacturers. Composition taxpayers cannot claim input tax credit, must issue bills of supply, comply with electronic intimation and periodic filing requirements, and effect ITC adjustments on exit or denial by prescribed forms and pro rata calculations for capital goods.