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GST COMPOSITION
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- SC orders appointment of DERC chairperson, 2 members within two monthsThe Supreme Court has ordered the Delhi government's selection committee to finalize appointments for the Delhi Electricity Regulatory Comm...29 May, 2026, 05.10 PM IST
- GST fault line: Supreme Court to rule if taxman can bundle years into one sweeping show-cause noticeThe Supreme Court is set to decide if tax authorities can issue a single show-cause notice for multiple financial years. This procedural is...24 Apr, 2026, 11.01 PM IST
- GST states quo won't do: Post-GST revenue divide widens across IndiaNew CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...06 Apr, 2026, 08.36 AM IST
- Finance Ministry should identify high risk taxpayers in GST composition scheme: CAGThe Comptroller and Auditor General (CAG) has recommended that the Finance Ministry periodically identify high-risk taxpayers within the GS...19 Aug, 2024, 02.11 PM IST
- Deadline for opting GST Composition Scheme for FY 2024-25 is March 31, 2024; file CMP-02 form if eligibleGoods and Services Tax (GST): If you are GST registered and wish to apply for GST Composition scheme for FY 2024-25, then the last date to ...16 Mar, 2024, 05.14 PM IST
- What is composition scheme of GST, who is eligible and how to opt for itFor those small businessmen and professionals who wants to register for GST but can't do so due to the burden of various GST law provisions...19 Sep, 2023, 12.16 PM IST
- GST: Composition scheme for small taxpayers extended to Rs. 1.5 croreThe GST Council increased the threshold for composition scheme once again to Rs 1.5 crore and also decided to amend the law to increase the...05 Aug, 2019, 02.49 PM IST
- Service providers may now opt for composition scheme till July 31This is against the higher rates of 12 and 18 per cent levied for most services under GST.03 Jul, 2019, 02.23 PM IST
- Service providers can opt for GST composition scheme by April 30: CBICBusinesses which apply for new registration may avail the said benefit in Form GST REG-01 at the time of filing application for registratio...07 Apr, 2019, 05.27 PM IST
- FinMin considers steps to prevent composition dealers from charging GST from buyersThe move would check the widespread practice of shops charging GST from you and not depositing it with govt.13 Jan, 2019, 03.59 PM IST
- Returns under composition scheme have a surprise: Hasmukh AdhiaUnder the composition scheme, traders and manufacturers are allowed to pay taxes at a reduced rate of 1 per cent, while restaurant owners h...06 Feb, 2018, 03.25 PM IST
- Government collects only Rs 335 cr under GST Composition scheme in one quarter"A total of 8.10 lakh returns were filed by Composition Dealers paying a total of Rs. 335.86 crores as GST," said Ministry of Finance in a ...25 Jan, 2018, 05.11 PM IST
- GST composition scheme may come under reverse charge mechanism to curb evasionUnder the reverse charge mechanism, a person receiving goods or services collects the GST levied and deposits the tax with the government.21 Jan, 2018, 11.42 PM IST
- GST: Composition scheme extended to Rs. 1 cr, quarterly returns for taxpayers with turnover of Rs 1.5 crthe GST Council in its 22nd meeting has decided to allow taxpayers with Rs 1.5 crore to file quarterly returns and at the same time increas...06 Oct, 2017, 09.05 PM IST
- Subdued demand may force relook at GST composition schemeCBEC is trying to ascertain the reasons for businesses not opting for the Composition Scheme that was especially designed to ease complianc...30 Jul, 2017, 12.37 PM IST
- Business houses get time till August 16 to opt for GST composition schemeThe government is mindful of the concerns of tax payers, especially the small taxpayers, arising from transition to the GST regime from Jul...22 Jul, 2017, 09.36 PM IST
- Ice cream, tobacco makers can't opt for GST composition schemeAs per finance ministry notification, manufacturer of ice cream, and other edible ice, whether or not containing cocoa, shall not be eligib...28 Jun, 2017, 06.19 PM IST
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