0.5% Composition Tax (GST) for Manufacturers/ Traders w.e.f. 1 Jan. 2018, notifies CBEC

CBEC has notified/ prescribed 0.5% tax rate (reduced from 1%) for composition scheme under GST, applicable w.e.f. 1 Jan. 2018, in respect of manufacturers and suppliers (dealing in supplies other than by way of or as part of any service or in any other manner whatsoever, of goods, being food or any other article for human consumption or any drink, other than alcoholic liquor for human consumption), as under:

0.5% Composition Tax for Manufacturers/ Traders: CBEC Notification No. 1/2018 Central Tax dt. 1 Jan. 2018

0.5% Composition Tax for Manufacturers/ Traders: CBEC Notification No. 1/2018 UT Tax dt. 1 Jan. 2018

Hi there,

We have recently started sharing updates using Telegram App. In case you are using the Telegram app, then please JOIN our Channel 'CA Club Updates', using the link below (from a device where you are already logged in to Telegram App):

https://t.me/caclubupdates

One Response

  1. Aravinda Adiga

Leave a Reply