Rule 7 CGST Rules 2017 : Rate of tax of the composition levy

By | July 14, 2017
(Last Updated On: July 5, 2018)

Rule 7 CGST Rules 2017

Summary of Rule 7 CGST Rules 2017

( Rule 7 CGST Rules 2017 explains Rate of tax of the composition levy  and is covered in Chapter II   – Composition Rules  : Inserted by the Central Goods and Services Tax Rules, 2017, w.e.f. 22.06.2017 and amended by Central Goods and Services Tax (Amendment) Rules, 2018)

Rule 7 CGST Rules 2017

Rate of tax of the composition levy

7. 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
(1)(2)(3)
1.Manufacturers, other than manufacturers of such goods as may be notified by the Government1 [ half per cent of the turnover in the State or Union territory ]
2.Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule II2 [ two and a half per cent of the turnover in the State or Union territory ]
3.Any other supplier eligible for composition levy under section 10 and the provisions of this Chapter3 [ half per cent of the turnover of taxable supplies of goods in the State or Union territory ]

Notes on Amendments in Rule 7 CGST Rules 2017

3. Substituted for “half per cent” by the Central Goods and Services Tax (Amendment) Rules, 2018, w.r.e.f. 1-1-2018.

2. Substituted for “two and a half per cent” by the Central Goods and Services Tax (Amendment) Rules, 2018, w.r.e.f. 1-1-2018.

1. Substituted for “one per cent” by the Central Goods and Services Tax (Amendment) Rules, 2018, w.r.e.f. 1-1-2018.

 Rule 7 CGST Rules 2017

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