https://www.taxtmi.com/news?id=18877 The GST Council increased the turnover eligibility for the composition scheme, expanding access for small and medium enterprises to pay tax at prescribed fixed rates without complying with the full GST return and credit regime. The scheme retains fixed-rate taxation on turnover, prohibits claiming input tax credit, limits eligibility to intra-state supplies, and excludes most service providers, specified manufacturers, casual or non-resident taxable persons, and suppliers through e-commerce operators. en-us Fri, 06 Oct 2017 21:16:12 +0530 Fri, 06 Oct 2017 21:16:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18877 The GST Council increased the turnover eligibility for the composition scheme, expanding access for small and medium enterprises to pay tax at prescribed fixed rates without complying with the full GST return and credit regime. The scheme retains fixed-rate taxation on turnover, prohibits claiming input tax credit, limits eligibility to intra-state supplies, and excludes most service providers, specified manufacturers, casual or non-resident taxable persons, and suppliers through e-commerce operators. News - Fri, 06 Oct 2017 21:16:12 +0530 https://www.taxtmi.com/news?id=18877