Anon
watch_later 08/06/17
Whether manufacturers can take the registration under composition levy? What is the tax rate to be charged by them under GST?
Manufacturers can take registration under composition scheme. Rate of tax is 2% of the turnover.
For example, if your turnover for a month is 1 lakhs than tax will be Rs. 2,000.
However, government has the power to announce type on goods on which tax cannot be paid under composition scheme.
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