what is the difference of tax in local,small scale industry and large scale industry .
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Small scale industry in gst
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no difference in tax rate
one tax for whole nation -GST
one tax for whole nation -GST
Registration not required for turnover upto 20 Lakhs (10 Lakhs for Special category states).
One may be registered under GST Composition Scheme and pay marginal tax at the rate 1%, 2% or 5% {condition NO ITC and can't collect composition tax from buyer]
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