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of <h1>2019 Order Eases GST Composition Rules for Small Businesses, Excludes Interest from Turnover Calculation, Supersedes 2017 Order.</h1> The Union Territory Goods and Services Tax (Removal of Difficulties) Order, 2019, addresses challenges faced by small businesses under the Union Territory GST Act, 2017. It clarifies that the value of exempt services, such as deposits, loans, or advances represented by interest or discount, will not be considered when determining eligibility for the composition scheme or calculating aggregate turnover. This order supersedes the previous 2017 order, aiming to alleviate the hardships caused by the ineligibility of certain businesses for the composition scheme due to their service activities.
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