Supersession of the Government of Punjab, Department of Excise and Taxation, Notification S.O.26/P.A.5/2017/S.10/ C.A.14/2017/S.21/2017, dated the 30th June, 2017. - S.O.39/P.A.5/2017/S.10/2019 - Punjab SGST
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Composition levy eligibility expanded with higher aggregate turnover threshold but certain manufacturers excluded under specific tariff items. An eligible registered person with aggregate turnover in the preceding financial year not exceeding one crore fifty lakh rupees may opt for the composition scheme under the Punjab GST Rules, 2017; a reduced threshold of seventy-five lakh rupees applies in specified States for persons registered under section 25. Manufacturers of ice cream (tariff item 2105 00 00), pan masala (tariff item 2106 90 20) and all goods under Chapter 24 (tobacco and substitutes) are ineligible for composition. Customs Tariff Act interpretation rules apply to tariff classifications. The notification supersedes the earlier notification and has the stated commencement date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Composition levy eligibility expanded with higher aggregate turnover threshold but certain manufacturers excluded under specific tariff items.
An eligible registered person with aggregate turnover in the preceding financial year not exceeding one crore fifty lakh rupees may opt for the composition scheme under the Punjab GST Rules, 2017; a reduced threshold of seventy-five lakh rupees applies in specified States for persons registered under section 25. Manufacturers of ice cream (tariff item 2105 00 00), pan masala (tariff item 2106 90 20) and all goods under Chapter 24 (tobacco and substitutes) are ineligible for composition. Customs Tariff Act interpretation rules apply to tariff classifications. The notification supersedes the earlier notification and has the stated commencement date.
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