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Introducing the “In Favour Of” filter in Case Laws.
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<h1>Nagaland Govt Amends Tax Rate for Manufacturers under Composition Scheme; New Rate Effective from Jan 1, 2018.</h1> The Government of Nagaland has issued an amendment to the notification dated 30th June 2017 regarding the rate of tax under the Composition Scheme for manufacturers and other suppliers. Effective from 1st January 2018, the amendment alters the tax rate specified in the original notification. Clause (i) changes the tax rate from 'one per cent' to 'half per cent,' and Clause (iii) specifies that the 'half per cent' rate applies to the turnover of taxable supplies of goods. This amendment is made under the authority of the Nagaland Goods and Services Tax Act, 2017.