To give composition scheme for supplier of services with a tax rate of 6% having annual turn over in preceding year upto ₹ 50 lakhs. - 02/2019-Central GST (CGST) Rate - Central GST (CGST) Rate

Composition scheme allows eligible small suppliers reduced tax rate but bars tax collection and input tax credit claims.

Notification establishes a composition scheme charging central tax at three percent on intra State first supplies by registered persons whose preceding year aggregate turnover did not exceed fifty lakh rupees, subject to eligibility limitations (no inter State supplies, not casual/non resident, not via specified e commerce operators, and exclusions in the annexure). Persons under the scheme shall not collect tax or claim input tax credit, must issue a bill of supply with a required declaration, pay tax on inward supplies where applicable, and where prior input tax credit was availed must remit equivalent credit amounts with remaining credit lapsing.