Month: June 2017

CGST composition scheme turnover limit for Levy @ 1, 2, or 3 %

CGST composition scheme turnover limit. Levy @ 1 2 or 3 % if turnover in preceding financial year did not exceed seventy five lakh rupee  MINISTRY OF FINANCE (Department of Revenue) Notification No. 8/2017-Central Tax New Delhi, the 27th June, 2017 G.S.R. 647(E).—In exercise of the powers conferred under …

Top 100 tweeted FAQ on GST compiled from askgst twitter handle

Top 100 tweeted FAQ on GST compiled from askgst twitter handle The tweets received by askGST_GoI handle were scrutinized and developed into a short FAQ of 100 tweets. Sr No Questions/Tweet Received Replies Registration 1 Does aggregate turnover include value of inward supplies received on which RCM is …