0.5% Composition Tax (GST) for Manufacturers/ Traders w.e.f. 1 Jan. 2018, notifies CBEC

0.5% Composition Tax under GST for Manufacturers/ Certain Traders w.e.f. 1 Jan. 2018: CBEC Notifications

CBEC has notified/ prescribed 0.5% tax rate (reduced from 1%) for composition scheme under GST, applicable w.e.f. 1 Jan. 2018, in respect of manufacturers and suppliers (dealing in supplies other than by way of or as part of any service or in any other manner whatsoever, of goods, being food or any other article for human consumption or any drink, other than alcoholic liquor for human consumption), as under:

0.5% Composition Tax for Manufacturers/ Traders: CBEC Notification No. 1/2018 Central Tax dt. 1 Jan. 2018

0.5% Composition Tax for Manufacturers/ Traders: CBEC Notification No. 1/2018 UT Tax dt. 1 Jan. 2018

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