Deadline For GST Composition Scheme Is March 31: Check What It Is, How To Opt, And More
The Composition Scheme under the Goods and Services Tax (GST) offers a straightforward and hassle-free tax solution for small businesses.
Mar 17, 2024, 13:23 PM ISTComposition scheme biz to now file simplified 'self-assessed' GST return quarterly
So far, businesses opting for composition scheme had to file tax returns every quarter in GSTR-4 which ran into around seven pages.
Apr 25, 2019, 12:20 PM ISTFinMin notifies April 1 as date for availing increased GST exemption limit, composition scheme
Besides, the effective date for availing higher turnover cap of Rs 1.5 crore for availing composition scheme by traders has also been fixed as April 1.
Mar 08, 2019, 10:36 AM ISTGovt notifies 1% GST on manufacturers under composition scheme
The notification stipulates that manufacturers who have opted for composition scheme will now have to pay 1 percent Goods and Services Tax (GST) as against 2 percent earlier.
Jan 02, 2018, 20:11 PM ISTWill eating out become cheaper? GST Council to review how restaurants are taxed
Air-conditioned restaurants may get relief as the group of ministers will discuss if the GST can be brought down from 18 percent to 12 percent and submit a report in two weeks.
Oct 06, 2017, 21:43 PM ISTGSTN reopens window for composition scheme
Taxpayers were earlier given time till August 16 to opt for composition scheme.
Sep 17, 2017, 18:24 PM IST