Composition tax rate reduction for manufacturers narrows taxable turnover to taxable supplies of goods, clarifying composition basis. The Government amends the State notification on the composition scheme by substituting the phrase 'one per cent.' in clause (i) with a lower rate expression and by replacing 'turnover' in clause (iii) with 'turnover of taxable supplies of goods', thereby narrowing the composition tax base to taxable supplies of goods for manufacturers.