Notification to give composition scheme for supplier of services with a tax rate of 6% having annual turn over in preceding year upto Rs. 50 lakhs under the HGST Act, 2017 https://www.taxtmi.com/notifications?id=128938 State tax is levied at a concessional rate for eligible registered persons whose aggregate turnover in the preceding financial year falls within the notified threshold, subject to conditions excluding inter State supplies, certain persons, supplies through specified e commerce operators, and goods listed in the annexure. Opting persons shall not collect tax, shall not claim input tax credit on those outward supplies, must issue a bill of supply with a prescribed declaration, and remain liable to pay tax on inward supplies where applicable. Tariff interpretation follows the Customs Tariff Schedule rules. en-us Fri, 08 Mar 2019 00:00:00 +0530 Mon, 11 Mar 2019 11:55:00 +0530 TaxTMI RSS Generator Notification to give composition scheme for supplier of services with a tax rate of 6% having annual turn over in preceding year upto Rs. 50 lakhs under the HGST Act, 2017 https://www.taxtmi.com/notifications?id=128938 State tax is levied at a concessional rate for eligible registered persons whose aggregate turnover in the preceding financial year falls within the notified threshold, subject to conditions excluding inter State supplies, certain persons, supplies through specified e commerce operators, and goods listed in the annexure. Opting persons shall not collect tax, shall not claim input tax credit on those outward supplies, must issue a bill of supply with a prescribed declaration, and remain liable to pay tax on inward supplies where applicable. Tariff interpretation follows the Customs Tariff Schedule rules. Notifications GST - States Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128938