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of <h1>Maharashtra GST Amendment 2020: New Tax Rates for Manufacturers and Suppliers Effective April 1, Section 10(2A) Included.</h1> The Maharashtra Government has issued the Maharashtra Goods and Services Tax (Seventh Amendment) Rules, 2020, effective from April 1, 2020. This amendment revises the tax rates under the composition levy for different categories of registered persons. Manufacturers, excluding certain notified goods, will be taxed at 0.5% of their turnover. Suppliers making specific supplies will be taxed at 2.5%, while other eligible suppliers will be taxed at 0.5% of their taxable turnover. Registered persons not eligible under the primary composition levy can opt for a 3% tax rate under section 10(2A).
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