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of <h1>Clarification on Section 10: Exempt Services Like Interest or Discount Are Excluded from Turnover for GST Composition Scheme.</h1> The Central Goods and Services Tax (Removal of Difficulties) Order, 2017, addresses issues related to section 10 of the Central Goods and Services Tax Act, 2017. It clarifies that individuals supplying goods or services, including exempt services like deposits, loans, or advances represented by interest or discount, remain eligible for the composition scheme if all other conditions are met. Additionally, when calculating aggregate turnover for composition scheme eligibility, the value of exempt services such as those involving interest or discount should not be included.
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