Composition levy eligibility permits small registered persons to opt for flat state tax rates, with exclusions for certain manufactured goods. Composition levy is available to eligible registered persons with aggregate turnover in the preceding financial year not exceeding seventy five lakh rupees to pay fixed flat rates in lieu of State tax according to class of supplier. The option is not available to persons who manufacture specified goods: ice cream and edible ice (2105 00 00), pan masala (2106 90 20), and tobacco and manufactured tobacco substitutes (Chapter 24). Interpretive rules of the First Schedule to the Customs Tariff Act, 1975 apply to tariff references.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Composition levy eligibility permits small registered persons to opt for flat state tax rates, with exclusions for certain manufactured goods.
Composition levy is available to eligible registered persons with aggregate turnover in the preceding financial year not exceeding seventy five lakh rupees to pay fixed flat rates in lieu of State tax according to class of supplier. The option is not available to persons who manufacture specified goods: ice cream and edible ice (2105 00 00), pan masala (2106 90 20), and tobacco and manufactured tobacco substitutes (Chapter 24). Interpretive rules of the First Schedule to the Customs Tariff Act, 1975 apply to tariff references.
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