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    <title>Rate on First supplies upto fifty lakh rupees in any financial year by a registered person</title>
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    <description>Notification prescribes a special state tax rate for first supplies of goods or services by a registered person up to an aggregate turnover threshold, conditional on prior-year turnover, non-eligibility for composition scheme, absence of inter-State or exempt outward supplies, non-use of specified e-commerce collection mechanisms, and exclusion of listed tariff items. Eligible persons must not collect tax, cannot claim input tax credit, must issue a bill of supply with a prescribed declaration, and remain liable for reverse charge on inward supplies; PAN-linked registrations are aggregated for eligibility.</description>
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    <pubDate>Thu, 07 Mar 2019 00:00:00 +0530</pubDate>
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