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    <title>Aggregate turnover in the preceding financial year did not exceed seventy five lakh rupees</title>
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    <description>An optional composition scheme permits eligible registered persons below the prescribed aggregate turnover threshold to pay state tax as a fixed amount on turnover in the State, with distinct rates for manufacturers, persons supplying certain Schedule II(b) supplies, and other suppliers; a lower turnover threshold applies in specified States for section 25 registrants. Manufacturers of ice cream, pan masala and tobacco-category goods are excluded from the scheme, with tariff references to be interpreted per the First Schedule to the Customs Tariff Act. The scheme is effective from 1 July 2017.</description>
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