"What is the scope of composition scheme under GST?"
"Dear Friend, as far as your query is concerned let me informed regarding your query that "Small taxpayers with an aggregate turnover in a financial year up to [Rs. 50 lakhs] shall be eligible for composition levy. Under the scheme, a taxpayer shall pay tax as a percentage of his turnover during the year without the benefit of ITC. The floor rate of tax for CGST and SGST shall not be less than [1%]. A tax payer opting for composition levy shall not collect any tax from his customers. Tax payers making inter- state supplies or paying tax on reverse charge basis shall not be eligible for composition scheme." Hope answer regarging your query was helpful to you. Also let me know your further query. Regards, Arjun Pratap Singh"