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of <h1>Gujarat Amends GST Notification: Lowers Tax Rate for Manufacturers Under Composition Scheme to 0.5% Effective January 2018.</h1> The Government of Gujarat has amended the Notification No. (GHN-27)/GST-2017-S.10(1)-TH, dated 23rd June 2017, regarding the Gujarat Goods and Services Tax Act, 2017. Effective from 1st January 2018, the amendments reduce the tax rate for the composition scheme for manufacturers. Specifically, the rate in clause (i) is reduced from 'one per cent' to 'half per cent,' and in clause (iii), the wording is revised to 'half per cent of the turnover of taxable supplies of goods.' These changes are made following the recommendations of the GST Council.
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