What is the latest threshold limit for composition scheme for the dealer from special category states and non special category state?
And also explain the rate in case of manufacturer opted for composition scheme. Is it 1% whole or 1% CGST AND 1% SGST...
2 Replies
Studentsca
(CA Practice )
(3577 Points)
Replied 26 July 2017
Latest threshold limit for Composition Levy is Rs. 75 lakhs (normal states) and Rs. 50 lakhs (special states).
Rate in case of manufacturer is 1% CGST & 1% SGST.
kamlesh patel
(article)
(23 Points)
Replied 05 August 2017
is in 20th gst council meeting rate of gst on works contract is changed from 18 % to 12% with input tax credit .plz confirm
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
