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GST: Composition Scheme Not Available to Manufacture of Ice-Cream, Pan Masala and Tobacco [Read Recommendations]

The 17th meeting of the Goods and Services Tax (GST) Council held on 18th June, 2017 at New Delhi decided to exclude the manufacture of ice-cream, Pan Masala and Tobacco from the purview of Composition Levy Scheme under the new proposed indirect tax regime.

The Council had also recommended increase in the turnover limit for Composition Levy for CGST and SGST purposes from Rs.50 lakh to Rs.75 lakh for all eligible registered persons. However, no clear view was taken as to whether or not this increased turnover limit will apply in case of Special Category States.

The turnover limit for Composition Levy for CGST and SGST purposes shall be Rs.50 lakh in respect of the North-East States. The Council also recommended the turnover limit for Composition Levy for CGST and SGST purposes will be Rs.75 lakh for the state of Uttarakhand. It is stated that the turnover limit for the Composition levy for the State of Jammu & Kashmir the will be decided in due course.

Read the full text of the Recommendations below.

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