https://www.taxtmi.com/acts?id=24263 Small taxpayers may benefit from a threshold exemption based on aggregate turnover, which includes taxable and exempt supplies and exports on an all-India basis and excludes GST; special category and North-Eastern states have a lower threshold. Eligible taxpayers may opt to remain taxable with input tax credit. A simplified composition scheme allows those below the prescribed preceding-year turnover limit to pay tax at a concessional rate within a State. Inter-State suppliers and persons under reverse charge are excluded from threshold exemption. en-us Mon, 03 Apr 2017 14:08:24 +0530 Mon, 03 Apr 2017 14:08:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24263 Small taxpayers may benefit from a threshold exemption based on aggregate turnover, which includes taxable and exempt supplies and exports on an all-India basis and excludes GST; special category and North-Eastern states have a lower threshold. Eligible taxpayers may opt to remain taxable with input tax credit. A simplified composition scheme allows those below the prescribed preceding-year turnover limit to pay tax at a concessional rate within a State. Inter-State suppliers and persons under reverse charge are excluded from threshold exemption. Act-Rules Bills Mon, 03 Apr 2017 14:08:24 +0530 https://www.taxtmi.com/acts?id=24263