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If you select this option, you only need to pay 1% GST; here is everything small business owners need to know about the composition scheme
The government introduced GST to make the country's tax system transparent and simple. It has been nearly nine years since ...
The GST 2.0 storm looms over pharmacy retailers handling medicines, nutraceuticals and FMCG which are coming under the Composition Scheme and paying 1% tax on total turnover without input-tax credit.
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