https://www.taxtmi.com/notifications?id=146787 The composition levy is revised by excluding interest- or discount-based exempt financial service value from specified turnover computations and by excluding casual and non-resident taxable persons. A separate optional levy is available to qualifying registered persons not eligible for the existing composition scheme whose preceding-year aggregate turnover does not exceed fifty lakh rupees, at a prescribed rate not exceeding 3 per cent of turnover in State. Eligibility excludes specified non-taxable supplies, inter-State outward supplies, supplies through tax-collecting electronic commerce operators, notified manufacturing or services, and requires all registrations with the same PAN to elect the scheme. en-us Sat, 28 Dec 2019 00:00:00 +0530 Tue, 06 Oct 2026 13:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=146787 The composition levy is revised by excluding interest- or discount-based exempt financial service value from specified turnover computations and by excluding casual and non-resident taxable persons. A separate optional levy is available to qualifying registered persons not eligible for the existing composition scheme whose preceding-year aggregate turnover does not exceed fifty lakh rupees, at a prescribed rate not exceeding 3 per cent of turnover in State. Eligibility excludes specified non-taxable supplies, inter-State outward supplies, supplies through tax-collecting electronic commerce operators, notified manufacturing or services, and requires all registrations with the same PAN to elect the scheme. Notifications GST - States Sat, 28 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=146787