In exercise of the powers conferred under the proviso to section 10(1) of the CGSTA, 2017

in supersession of the Notification No. 08/2017 - Central Tax dtd 27-06-2017,

except as things done or omitted to be done before such supersession,

Turnover limit for Composition Levy <= Rs.1 Cr

CG hereby specifies that

an eligible[1] RP, whose aggregate turnover in preceding FY did not exceed Rs.1.5 Cr

may opt to pay, in lieu of the tax payable by him u/s 9(1),

tax as prescribed u/r 7

1^st Proviso - Turnover limit for Composition Levy for following states = Rs.75 lacs

Aggregate turnover in the preceding FY shall be Rs.75 lacs

if eligible RP, registered u/s 25 of CGSTA, in any of the following States, namely:

2^nd Proviso - Composition levy is not available to manufacturer of specified goods

the RP shall not be eligible to opt for composition levy u/s 10(1) of CGSTA

if such person is a manufacturer of the goods, the description of which is specified in column (3) of the Table below and falling under the tariff item, sub-heading, heading or Chapter, as specified in the corresponding entry in column (2) of the said Table:-

Table

.

Explanation –

(1) In this Table, “tariff item”, “sub-heading”, “heading” and “chapter” shall mean respectively a tariff item, sub-heading, heading and chapter as specified in the First Schedule to the Customs Tariff Act, 1975.

(2) The rules for the interpretation of the First Schedule to the said Customs Tariff Act, 1975, including the Section and Chapter Notes and the General Explanatory Notes of the First Schedule shall, so far as may be, apply to the interpretation of this notification.