Goods and Services Tax – GST Dated:- 5-7-2019 – News – Vide notification No. 02/2019-Central Tax (Rate) dated 07.03.2019 , as amended by notification No. 09/2019-Central Tax (Rate) dated 29.03.2019 , an Alternate Composition Scheme has been made available to those suppliers of Services or Mixed Suppliers, who were not eligible for the primary composition scheme. Only those taxpayers are eligible for this Alternate Scheme whose annual turnover in the preceding financial year did not exceed ₹ 50 lakhs. Taxpayers opting to pay tax under this Scheme will pay tax at the rate of 6% (3% CGST +3% SGST) of their turn-over. vide Circular No. 97/16/2019-GST dated 05.04.2019, the Last Date for registered persons for filing the intima
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