Composition Scheme under GST
Composition Scheme under GST- Key Highlights A taxpayer whose aggregate annual turnover is below Rs 1.5 crore* can opt for Composition Scheme. In case of North-Eastern states and Himachal Pradesh, the limit is Rs 75* lacs. The composition dealer enjoys high liquidity as taxes are at a lower rate (1% -6%) but no Input Tax Credit on … Read more Composition Scheme under GST