Composition Scheme
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Ministers Suggest GST Cut For Air-Conditioned Restaurants, Manufacturers
The Group of Ministers (GoM) set up to make GST composition scheme more attractive today suggested lowering tax rates for manufacturers and restaurants under the plan to 1 per cent.
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Threshold For Composition Scheme In GST Hiked To Rs 1 Crore: Report
Businesses with annual turnover up to Rs. 1 crore can now opt for the composition scheme, which enables them to pay tax at a flat rate without input credits.
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GST Composition Scheme: Who Can Opt, The Rates Applicable And More
Under GST, trader, manufacturer and restaurants are not required to register or pay tax in case of annual turnover below Rs 20 lakh.
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GST: How Composition Scheme For Restaurants, Makers, Small Traders Will Work
The CBEC has said the new indirect tax regime - goods and services tax (GST) - will provide a "big relief" to small traders, manufacturers and restaurants.
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Ministers Suggest GST Cut For Air-Conditioned Restaurants, Manufacturers
The Group of Ministers (GoM) set up to make GST composition scheme more attractive today suggested lowering tax rates for manufacturers and restaurants under the plan to 1 per cent.
-
Threshold For Composition Scheme In GST Hiked To Rs 1 Crore: Report
Businesses with annual turnover up to Rs. 1 crore can now opt for the composition scheme, which enables them to pay tax at a flat rate without input credits.
-
GST Composition Scheme: Who Can Opt, The Rates Applicable And More
Under GST, trader, manufacturer and restaurants are not required to register or pay tax in case of annual turnover below Rs 20 lakh.
-
GST: How Composition Scheme For Restaurants, Makers, Small Traders Will Work
The CBEC has said the new indirect tax regime - goods and services tax (GST) - will provide a "big relief" to small traders, manufacturers and restaurants.
