GST Composition Scheme

Simplified tax regime for small taxpayers — flat rate on turnover, no ITC. (CGST Act, 2017 / IGST Act, 2017)

Type: noun Branch: Tax (GST) Level: Intermediate Jurisdiction: India

Definition

Simplified tax regime for small taxpayers — flat rate on turnover, no ITC. (CGST Act, 2017 / IGST Act, 2017)

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