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Central Tax seeks to further amend notification No. 8/2017 - Central Tax so as to prescribe effective rate of tax under composition scheme for manufacturers and other suppliers

Goods and Services Tax - 1/2018 - Dated:- 1-1-2018 - GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 1/2018- Central Tax New Delhi, the 1st January, 2018 G.S.R. 02 (E).- In exercise of the powers conferred by sub-sect .....

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said notification, in the opening paragraph, - (a) in clause (i), for the words one per cent. , the words half per cent. shall be substituted; (b) in clause (iii), for the words half per cent. of the turnover , the words half per cent. of the turnove .....

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