Rate on First supplies upto fifty lakh rupees in any financial year by a registered person

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....rred to as the "said Act"), the Governor of Tamil Nadu, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, hereby notifies that the state tax, on the intra-State supply of goods or services or both as specified in column (1) of the Table below, shall be levied at the rate specified in the corresponding entry in column (2), subject to the conditions as specified in the corresponding entry in column (3) of the said table below, namely:- TABLE Description of supply Rate (per cent.) Conditions (1) (2) (3) First supplies of goods or services or both upto an aggregate turnover of fifty lakh rupees made on or after the 1st day of April in any financial year, b....

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.... sub-section (3) of section 31 of the said Act with particulars as prescribed in rule 49 of Tamil Nadu Goods and Services Tax Rules. 5. The registered person shall mention the following words at the top of the bill of supply, namely:- 'taxable person paying tax in terms of the Commercial Taxes and Registration Department Notification No. II(2)/CTR/212(g-1)/2019, dated 07.03.2019, not eligible to collect tax on supplies'. 6. The registered person opting to pay state tax at the rate of three percent. under this notification shall be liable to pay state tax at the rate of three percent on all outward supplies specified in column (1) notwithstanding any other notification issued under sub-section (1) of Section 9 or under Section 11 of sa....