Composition Scheme in GST - OLD

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....e to comply with the requirements relating to records, accounts filing of detailed monthly returns. Hence, a simplified, though limited, composition scheme has been provided under section 10 of CGST Act. Eligibility A registered person, whose aggregate turnover in the preceding financial year did not exceed 75 lakh rupees. In case of Uttarakhand and Jammu & Kashmir also, the turnover limit f....

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....017]- Sl. No. Category of registered persons Rate of tax CGST+SGST (1) (2) (3) 1. Manufacturers, other than manufacturers of such goods as may be notified by the Government 1% + 1% = 2% 2. Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II 2.5% + 2.5% = 5% 3. Any other supplier eligible for composition levy under section 10 and the prov....

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....ction 10(2) of CGST Act, following taxable persons will be eligible for composition scheme- (a) he is not engaged in the supply of services other than supplies referred to in clause (b) of paragraph 6 of Schedule II; (b) he is not engaged in making any supply of goods which are not leviable to tax under this Act; (c) he is not engaged in making any inter-State outward supplies of goods; (d....