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Small businesses and taxpayers having a turnover lower than Rs. seventy five lakhs can opt for Composition scheme the place they are going to be taxed at a nominal price of zero.5{cd42a05b420f0f1f58c1e8015f3bc2a19e857bfb03996de673eba0ef607ebfd4} or 1{cd42a05b420f0f1f58c1e8015f3bc2a19e857bfb03996de673eba0ef607ebfd4} (for producers) CGST and SGST every (charges as per the latest proposed changes within the Goods and Companies Tax payments).
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