Rate of GST under Composition Scheme

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What is the rate of tax applicable to a taxable person opting to pay tax under
composition scheme?

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GST - Tax Tax Clinic Question 2 years 2 Answers 118 views 0

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  1. taxclinic_team700

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    A registered taxpayer, who is registered under the Composite Scheme will pay tax at a rate not more than 1% for manufacturer, 2.5% for restaurant sector and 0.5% for other suppliers of turnover.

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