Rule 7 of CGST Rules 2017: Tax Rate under Composition Levy

Rule 7 of ‘Central Goods and Services Tax (CGST) Rules 2017’: Rate of Tax under Composition Levy

Provisions under Rule 7 of the Central Goods and Services Tax (CGST) Rules, 2017 relating to “Tax Rate under Composition Levy”, as per Notification dt. 19 June 2017 issued by the CBEC/ Central Govt., are as under:

CGST Rule 7: Rate of tax of the Composition Levy (Chapter-II: Composition Rules)

The category of registered persons, eligible for composition levy under section 10 and the provisions of this Chapter, specified in column (2) of the Table below shall pay tax under section 10 at the rate specified in column (3) of the said Table:-

Sl. No.Category of registered personsRate of tax
1Manufacturers, other than manufacturers of such goods as may be notified by the Governmentone per cent.
2Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule IItwo and a half per cent.
3Any other supplier eligible for composition levy under section 10 and these ruleshalf per cent.

Related Posts:

Forms under CGST Rules 2017 for Composition

Central Goods and Services Tax (CGST) Rules, 2017 (Chapter-wise/ Rule-wise)

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