Composition eligibility threshold increased for specified taxpayers, adding Special Economic Zone units under a GST rule amendment. Amendment modifies the first paragraph of the earlier notification by inserting a reference to a Special Economic Zone unit into the class of taxpayers covered and by substituting the previously specified turnover threshold with a higher turnover threshold, thereby altering coverage and qualification for the composition scheme under the relevant GST rule.
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Composition eligibility threshold increased for specified taxpayers, adding Special Economic Zone units under a GST rule amendment.
Amendment modifies the first paragraph of the earlier notification by inserting a reference to a Special Economic Zone unit into the class of taxpayers covered and by substituting the previously specified turnover threshold with a higher turnover threshold, thereby altering coverage and qualification for the composition scheme under the relevant GST rule.
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