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Notification
Composition Levy Notifications 14/2019 Central Tax as amended by 43/2019 Central Tax
April 26, 2020
Notification No 14/2019 Central Tax dated 07th March 2019 has been issued which has superseded original Notification No 08/2017 as amended from time to time till 06th March 2019
i.e. original notification has been closed with this date.
In exercise of power conferred under section 10(1) of CGST Act 2017
Eligible registered persons whose aggregate turnover in the preceding financial year doesn’t exceed 1.5 Crore Rs may opt to pay as prescribed under rule 7 of CGST Rules 2017.
Aggregate turnover shall be
75 Lakhs rupees in
preceding financial year for availing benefit of composition scheme if
person is registered in these state
(i) Arunachal Pradesh
(ii) Assam
(iii) Manipur
(iv) Meghalaya
(v) Mizoram
(vi) Nagaland
(vii) Sikkim
(viii) Tripura
(ix) Himachal Pradesh
(x) Uttarakhand
Assam and Himachal Pradesh has been removed from this list and Uttarakhand has been added in this limit of reduced turnover criteria.
For Manufacture of following items
Composition levy benefit will not be available
| HSN Code | Description |
| 2105 00 00 | Ice cream and other edible ice, whether or not containing cocoa |
| 2106 90 20 | Pan Masala |
| 24 | All Goods i.e. Tobacco and Manufactured Tobacco substitutes |
Please download notification from following PDF Image:-
Notification No 43/2019 Central Tax dated 30th September 2019 has been issued which has amended original Notification No 14/2019 central tax
A new entry 2A has been added in the list of manufacturers who will not be able to take benefit of Composition Levy.
| S No | HSN Code | Description |
| 1 | 2105 00 00 | Ice cream and other edible ice, whether or not containing cocoa |
| 2 | 2106 90 20 | Pan Masala |
| 2A | 2202 10 10 | Aerated Water |
| 3 | 24 | All Goods i.e. Tobacco and Manufactured Tobacco substitutes |
Please download notification from following PDF Image
Thanks
CA Rahul Gupta
