Rate of tax of the composition levy – Manufacturers – Rate of tax shall be 0.5% (CGST) + 0.5% (SGST) = 1% on the turnover including non taxable supplies w.e.f. 1.1.2018 [earlier it was 2%] – Rule 7 of the CGST Rules, 2017 as amended.

Goods and Services Tax – Rate of tax of the composition levy – Manufacturers – Rate of tax shall be 0.5% (CGST) + 0.5% (SGST) = 1% on the turnover including non taxable supplies w.e.f. 1.1.2018 [earli

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =