15 March 2018
A taxpayer whose turnover is below Rs 1.5 crore can opt for Composition Scheme. In case of North-Eastern states and Himachal Pradesh, the limit is now Rs 75 lakh. However the following people cannot opt for the scheme:
1. Taxpayer supplying exempt supplies. 2. Supplier of services other than restaurant related services 3. Manufacturer of ice cream, pan masala, or tobacco 4. Casual taxable person or a non-resident taxable person 5. Businesses which supply goods through an e-commerce operator
15 March 2018
https://economictimes.indiatimes.com/small-biz/policy-trends/gst-composition-scheme-for-small-taxpayers-extended-to-rs-1-5-crore/articleshow/61597635.cms
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