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.-
\nThe 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:-
\n5[Table
\nSl. No.
\nSection under which composition levy is opted
\nCategory of registered persons
\nRate of tax
\n(1)
\n(1A)
\n(2)
\n(3)
\n1.
\nSub-sections (1) and (2) of section 10
\nManufacturers, other than manufacturers of such goods as may be notified by the Government
\nhalf per cent. of the turnover in the State or Union ter<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n rritory.] = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Rule 7Rate of tax of the composition levyGSTComposition LevyRule 7 of Central Goods and Services Tax Rules, 20177. 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 … Continue reading “Rate of tax of the composition levy”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3791","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3791"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3791\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nNOTES:-
\n1.
\nSubstituted 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.”
\n2.
\nSubstituted 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.”
\n3.
\nSubstituted 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.”
\n4.
\nSubstituted vide Notification No. 03\/2019-Central Tax dated 29-01-2019 w.e.f. 01-02-2019 before it was read as, “goods”
\n5.
\nSubstituted vide Notification No. 50\/2020 – Central Tax dated 24-06-2020 w.e.f. 01-04-2020 before it was read as,
\n“Sl. No.\n<\/p>\n
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