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Small businesses and taxpayers having a turnover less than Rs. seventy five lakhs can go for Composition scheme where they will be taxed at a nominal charge of 0.5{4466a4e1dde791ae3161fbab0f60f1f0016f1620983aff9dffbc188975953060} or 1{4466a4e1dde791ae3161fbab0f60f1f0016f1620983aff9dffbc188975953060} (for producers) CGST and SGST each (rates as per the latest proposed modifications within the Goods and Providers Tax bills).
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We’ve got tried to do this with Excel and I will be the first to admit that I think Excel is an absolutely marvelous device, however the device is simply pretty much as good as the …
