Amend Notification (F.NO.FIN/REV-3/GST/I/08 (Pt-I) “C”,30th June,2017) on Rate of tax under Composition Scheme for Manufactures and other Supplies. - FIN/REV-3/GST/1/08 (Pt-1)/017 - Nagaland SGST
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Composition scheme rate change reduces levy and clarifies that the charge applies to turnover of taxable supplies of goods. The State Government amends its SGST notification to revise the composition levy rate for manufacturers and other suppliers and to clarify that the composition levy in clause (iii) is to be calculated on the turnover of taxable supplies of goods, replacing the earlier, more general wording on turnover.
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Provisions expressly mentioned in the judgment/order text.
Composition scheme rate change reduces levy and clarifies that the charge applies to turnover of taxable supplies of goods.
The State Government amends its SGST notification to revise the composition levy rate for manufacturers and other suppliers and to clarify that the composition levy in clause (iii) is to be calculated on the turnover of taxable supplies of goods, replacing the earlier, more general wording on turnover.
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