https://www.taxtmi.com/article/detailed?id=7297 Composition levy under GST offers a simplified tax regime for small businesses, with eligibility based on aggregate turnover computed across all registrations under the same PAN and including taxable supplies, exempt supplies, exports and inter State supplies; specified exclusions apply (taxes under GST Acts, reverse charge inward supplies, non taxable supplies). Registration is compulsory to opt in, all registrations under the PAN must join, and the scheme is withdrawn if aggregate turnover exceeds the eligibility threshold. The scheme applies only to supply of goods and excludes services, inter State supplies, supplies via specified e commerce operators, certain manufacturers and works contracts treated as services. en-us Wed, 01 Mar 2017 09:02:32 +0530 Wed, 01 Mar 2017 09:02:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7297 Composition levy under GST offers a simplified tax regime for small businesses, with eligibility based on aggregate turnover computed across all registrations under the same PAN and including taxable supplies, exempt supplies, exports and inter State supplies; specified exclusions apply (taxes under GST Acts, reverse charge inward supplies, non taxable supplies). Registration is compulsory to opt in, all registrations under the PAN must join, and the scheme is withdrawn if aggregate turnover exceeds the eligibility threshold. The scheme applies only to supply of goods and excludes services, inter State supplies, supplies via specified e commerce operators, certain manufacturers and works contracts treated as services. Articles Goods and Services Tax - GST Wed, 01 Mar 2017 09:02:32 +0530 https://www.taxtmi.com/article/detailed?id=7297