Hello everyone,
My question is that if ' ICAI asks questions regarding there are how much Special Category States ? and which ? '
then what I have to write in November 18 examination after taking into account below amendment ?
please answer………………
According to new amendment on GST section 10 , on page no. 7
https://resource.cdn.icai.org/51342bos41000.pdf
Further, in respect of nine out of eleven Speci Category States, the turnover limit for
composition levy has been increased from ` 50 lakh to ` 75 lakh. The nine Special
Category States are:
(i) Arunachal Pradesh (ii) Assam (iii) Manipur (iv) Meghalaya (v) Mizoram (vi) Nagaland
(vii) Sikkim (viii) Tripura (ix) Himachal Pradesh
It may be noted that for the two remaining Special Category States viz., Jammu and
Kashmir and Uttarakhand, the turnover limit for composition levy will be ` 1 crore and not
` 75 lakh.
You need to Study as per amendments available in RTP. No other amendments need to be considered.
Significant notifications and circulars issued up to 30th April, 2018, are applicable for Nov, 2018.
CAclubindia
