Category: GST

CGST exemption from reverse charge upto Rs 5000 per day

CGST exemption from reverse charge upto Rs 5000 per day under section 11 (1)  GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.8/2017-Central Tax (Rate) New Delhi, the 28th June, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 11 of …

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 …