https://www.taxtmi.com/notifications?id=120790 Composition levy allows an eligible registered person with aggregate turnover not exceeding fifty lakh rupees in the preceding financial year to pay specified turnover based rates in lieu of tax: one per cent for manufacturers, two and a half per cent for suppliers under clause (b) of paragraph 6 of Schedule II, and half per cent for other suppliers. Manufacturers of ice cream and other edible ice, pan masala, and goods under the tobacco and manufactured tobacco substitutes chapter are excluded; tariff references are to be interpreted with the First Schedule to the Customs Tariff Act, 1975. en-us Fri, 30 Jun 2017 00:00:00 +0530 Wed, 19 Jul 2017 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=120790 Composition levy allows an eligible registered person with aggregate turnover not exceeding fifty lakh rupees in the preceding financial year to pay specified turnover based rates in lieu of tax: one per cent for manufacturers, two and a half per cent for suppliers under clause (b) of paragraph 6 of Schedule II, and half per cent for other suppliers. Manufacturers of ice cream and other edible ice, pan masala, and goods under the tobacco and manufactured tobacco substitutes chapter are excluded; tariff references are to be interpreted with the First Schedule to the Customs Tariff Act, 1975. Notifications GST - States Fri, 30 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=120790