TAX RATE UNDER COMPOSITION SCHEME UNDER GST

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(Last Updated On: June 15, 2018)

What is the tax rate structure under composition scheme in GST Regime?

As per Cbec.gov.in notification no. 8/2017-Central Tax dated. 27th June, 2017., (i) 1 per cent. of the turnover in State in case of a manufacturer, (ii) 2.5 per cent. of the turnover in State in case of persons engaged in making supplies referred to in clause (b) of paragraph 6 of Schedule II of the said Act, and (iii) 0.5 per cent. of the turnover in State in case of other suppliers.

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