TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India amends GST Notification: Union Territory Tax rate for manufacturers under composition scheme cut to 0.5% from 1%.</h1> The Government of India has issued Notification No. 1/2018 to amend Notification No. 2/2017 regarding Union Territory Tax under the Goods and Services Tax framework. Effective from January 1, 2018, the amendments adjust the tax rate for manufacturers and suppliers under the composition scheme. Specifically, the tax rate is reduced from one percent to half percent. Additionally, the wording in clause (iii) is revised to specify that the half percent applies to the turnover of taxable supplies of goods. These changes are made under the authority of the Central Goods and Services Tax Act, 2017, and the Union Territory Goods and Services Tax Act, 2017.
TaxTMI 
