Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>GST Alternate Composition Scheme Deadline Extended to July 31, 2019, for Small Service Suppliers with Turnover Under Rs. 50 Lakhs.</h1> The deadline for availing the Alternate Composition Scheme under the Goods and Services Tax (GST) has been extended from April 30, 2019, to July 31, 2019. This scheme is available to service or mixed suppliers whose annual turnover did not exceed Rs. 50 lakhs in the previous financial year and who were not eligible for the primary composition scheme. Participants will pay a tax rate of 6% (3% CGST + 3% SGST) on their turnover. The extension was recommended by the GST Council and formalized through a corrigendum to the relevant circular. Eligible taxpayers are encouraged to apply by the new deadline.