Amendment in the Notification No.8/2017-(ST) to prescribe effective rate of tax under composition scheme for manufacturers and other suppliers. - 01/2018-State Tax - Maharashtra SGST
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Composition scheme rate adjusted for manufacturers and other suppliers, narrowing taxable base under Maharashtra GST notification. Amendment to the State Tax notification revises the composition scheme levy by substituting a lower rate expression in clause (i) and by clarifying in clause (iii) that the levy applies to the turnover of taxable supplies of goods, thereby narrowing the taxable base in the principal Notification No. 8/2017-State Tax under the Maharashtra GST framework.
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Composition scheme rate adjusted for manufacturers and other suppliers, narrowing taxable base under Maharashtra GST notification.
Amendment to the State Tax notification revises the composition scheme levy by substituting a lower rate expression in clause (i) and by clarifying in clause (iii) that the levy applies to the turnover of taxable supplies of goods, thereby narrowing the taxable base in the principal Notification No. 8/2017-State Tax under the Maharashtra GST framework.
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