Composition scheme: eligible small taxpayers may opt to pay fixed rates in lieu of state tax, with specified exclusions. Prescribes conditions for the composition levy under section 10(1) of the Sikkim GST Act: eligible taxpayers with aggregate turnover below the specified threshold may opt to pay fixed percentages of turnover as state tax-one per cent for manufacturers, two and a half per cent for specified supplies under Schedule II, and half per cent for other suppliers. A lower turnover threshold applies for persons registered in certain Special Category States and Himachal Pradesh. Manufacturers of specified goods (ice cream, pan masala, and all goods under Chapter 24) are excluded. Interpretation of tariff references follows the First Schedule to the Customs Tariff Act, 1975.
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 scheme: eligible small taxpayers may opt to pay fixed rates in lieu of state tax, with specified exclusions.
Prescribes conditions for the composition levy under section 10(1) of the Sikkim GST Act: eligible taxpayers with aggregate turnover below the specified threshold may opt to pay fixed percentages of turnover as state tax-one per cent for manufacturers, two and a half per cent for specified supplies under Schedule II, and half per cent for other suppliers. A lower turnover threshold applies for persons registered in certain Special Category States and Himachal Pradesh. Manufacturers of specified goods (ice cream, pan masala, and all goods under Chapter 24) are excluded. Interpretation of tariff references follows the First Schedule to the Customs Tariff Act, 1975.
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