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of <h1>Maharashtra Introduces Composition Scheme for Service Suppliers Under GST with 3% State Tax for Turnover Up to Rs. 50 Lakh.</h1> The Government of Maharashtra issued Notification No. 2/2019-State Tax (Rate) under the Maharashtra Goods and Services Tax Act, 2017, effective from April 1, 2019. It provides a Composition Scheme for service suppliers with an annual turnover of up to 50 lakh rupees, allowing them to pay a 3% State Tax on intra-State supplies. Eligible suppliers must meet specific conditions, such as not engaging in inter-State supplies or using e-commerce operators required to collect tax. They cannot collect tax from recipients or claim input tax credit and must issue a bill of supply instead of a tax invoice. Certain goods, like ice-cream and tobacco, are excluded from this scheme.
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