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of <h1>Rajasthan Sets GST Composition Levy Rates and Turnover Limit; Excludes Ice Cream, Pan Masala, Tobacco Manufacturers.</h1> The Government of Rajasthan, under the Rajasthan Goods and Services Tax Act, 2017, has set a turnover limit and rates for the Composition Levy, effective July 1, 2017. Eligible registered persons with an aggregate turnover not exceeding seventy-five lakh rupees in the previous financial year may opt for a composition levy instead of the standard state tax. The rates are one percent for manufacturers, two and a half percent for certain suppliers, and half a percent for other suppliers. However, manufacturers of specified goods like ice cream, pan masala, and tobacco are excluded from this option.
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