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    <title>Extending the limit of threshold turnover - Availing Composition Scheme u/s 10.</title>
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    <description>Composition Scheme eligibility is extended to registered persons whose aggregate turnover in the preceding financial year does not exceed an increased threshold, allowing them to pay tax by composition in lieu of tax under the standard levy, as prescribed by the GST rules. Manufacturers of specified goods listed by tariff items-ice cream and other edible ice, pan masala, and all tobacco and manufactured tobacco substitutes-are excluded from opting for the composition levy. The notification directs that tariff headings be interpreted using the First Schedule to the Customs Tariff Act.</description>
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    <pubDate>Wed, 13 Mar 2019 00:00:00 +0530</pubDate>
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      <description>Composition Scheme eligibility is extended to registered persons whose aggregate turnover in the preceding financial year does not exceed an increased threshold, allowing them to pay tax by composition in lieu of tax under the standard levy, as prescribed by the GST rules. Manufacturers of specified goods listed by tariff items-ice cream and other edible ice, pan masala, and all tobacco and manufactured tobacco substitutes-are excluded from opting for the composition levy. The notification directs that tariff headings be interpreted using the First Schedule to the Customs Tariff Act.</description>
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      <pubDate>Wed, 13 Mar 2019 00:00:00 +0530</pubDate>
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