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of <h1>Maharashtra GST Order 2019 Excludes Interest-Based Services from Turnover for Small Business Compliance under Composition Scheme.</h1> The Maharashtra Goods and Services Tax (Removal of Difficulties) Order, 2019 addresses challenges faced by small businesses under the Maharashtra Goods and Services Tax Act, 2017. The order clarifies that the value of exempt services, such as extending deposits, loans, or advances where consideration is interest or discount, will not be considered when determining eligibility for the composition scheme. This adjustment aims to alleviate hardships by excluding these exempt services from aggregate turnover calculations, thus facilitating easier compliance for small businesses. This order supersedes the previous 2017 order, maintaining actions taken prior to this update.
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