Composition scheme threshold increased under GST law, substituting the prior monetary limit and made effective from an earlier date. Amendment increases the turnover threshold for eligibility to the composition scheme under the State Goods and Services Tax Act by substituting the previous monetary limit with a higher monetary limit. The change is effected under sub section (1) of section 10 and modifies an earlier state notification on the composition scheme, with the substitution deemed to operate from an earlier effective date.
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Composition scheme threshold increased under GST law, substituting the prior monetary limit and made effective from an earlier date.
Amendment increases the turnover threshold for eligibility to the composition scheme under the State Goods and Services Tax Act by substituting the previous monetary limit with a higher monetary limit. The change is effected under sub section (1) of section 10 and modifies an earlier state notification on the composition scheme, with the substitution deemed to operate from an earlier effective date.
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