Rule 7
Rate of tax of the composition levy
GST
Composition Levy
Rule 7 of Central Goods and Services Tax Rules, 2017
7. Rate of tax of the composition levy.-
The category of registered persons, eligible for composition levy under section 10 and the provisions of this Chapter, specified in column (2) of the Table below shall pay tax under section 10 at the rate specified in column (3) of the said Table:-
5[Table
Sl. No.
Section under which composition levy is opted
Category of registered persons
Rate of tax
(1)
(1A)
(2)
(3)
1.
Sub-sections (1) and (2) of section 10
Manufacturers, other than manufacturers of such goods as may be notified by the Government
half per cent. of the turnover in the State or Union ter
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rritory.]
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NOTES:-
1.
Substituted vide Notification No. 3/2018 – Central Tax dated 23-01-2018 w.e.f. 01-01-2018 before it was read as, “one per cent.”
2.
Substituted vide Notification No. 3/2018 – Central Tax dated 23-01-2018 w.e.f. 01-01-2018 before it was read as, “two and a half per cent.”
3.
Substituted vide Notification No. 3/2018 – Central Tax dated 23-01-2018 w.e.f. 01-01-2018 before it was read as, “half per cent.”
4.
Substituted vide Notification No. 03/2019-Central Tax dated 29-01-2019 w.e.f. 01-02-2019 before it was read as, “goods”
5.
Substituted vide Notification No. 50/2020 – Central Tax dated 24-06-2020 w.e.f. 01-04-2020 before it was read as,
“Sl. No.
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