Chapter II of CGST Rules, 2017
 
2[COMPOSITION LEVY] 

[helldod old[COMPOSITION RULES]helldod]

 

Rule 7. Rate of tax of the composition levy.-         (corresponding section 10)

The category of registered persons, eligible for composition levy under section 10 and the provisions of this Chapter, specified in column (2) of the Table below shall pay tax under section 10 at the rate specified in column (3) of the said Table:-

3[

Sl. No.

Section under which composition levy is opted

Category of registered persons

Rate of tax

(1)

(1A)

(2)

(3)

1. Sub-sections (1) and (2) of section 10 Manufacturers, other than manufacturers of such goods as may be notified by the Government half per cent. of the turnover in the State or Union territory
2. Sub-sections (1) and (2) of section 10 Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II two and a half per cent. of the turnover in the State or Union territory
3. Sub-sections (1) and (2) of section 10 Any other supplier eligible for composition levy under sub-sections (1) and (2) of section 10 half per cent. of the turnover of taxable supplies of goods and services in the State or Union territory
4. Sub-section (2A) of section 10 Registered persons not eligible under the composition levy under subsections (1) and (2), but eligible to opt to pay tax under sub-section (2A), of section 10 three per cent. of the turnover of supplies of goods and services in the State or Union territory..

]

[helldod old[

Sl.
No.
 
Category of registered persons  Rate of tax
(1) (2)  (3)
 1 Manufacturers, other than manufacturers of such goods as may be notified by the Government  1[half per cent. of the turnover in the State or Union territory] [helldod old[one per cent.]helldod]
Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II 
 
1[two and a half per cent. of the turnover in the State or Union territory] [helldod old[two and a half per cent.]helldod]
3

Any other supplier eligible for composition levy under section 10 and the provisions of this Chapter 


 

1[half per cent. of the turnover of taxable supplies of 2[goods and services] [helldod old[goods]helldod] in the State or Union territory] [helldod old[half per cent]helldod]

]helldod]

Previous                                                                                                                                                                     Next

1. Substituted Vide :- Notification No. 3/2018-Central Tax Dt.23.01.2018 [Para 2(ii)]

2. Substituted Vide :- Notification No. 3/2019-Central Tax Dt.29.01.2019 [Para 3]

3. Substituted Vide :- Notification No. 50/2020-Central Tax Dt.24.06.2020 [Para 2 ]