Oct 14, 2017
Composition scheme - Limit Increased to Rs. 1 crore – Notification no. 46/2017
Composition scheme – Limit Increased to Rs. 1 crore – Notification no. 46/2017
(Last Updated On: October 14, 2017)
Composition scheme increased to Rs. 1 cr – Notification no. 46/2017
Seeks to amend notification No. 8/2017-Central Tax.
The turnover limit for Composition Scheme under GST is governed by section 10 of CGST Act,2017. As per the powers given us/10; Central Government with recommendations of council had decided the turnover limit to be Rs. 75 Lakhs…
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