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Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Indirect Taxes and Customs)
Notification No. 50/2020 – Central Tax
New Delhi, the 24th June, 2020
G.S.R (E). - In exercise of the powers conferred by section 164 of the Central Goods and
Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the
Council, hereby makes the following rules further to amend the Central Goods and Services
Tax Rules, 2017, namely:-
1. (1) These rules may be called the Central Goods and Services Tax (Seventh Amendment)
Rules, 2020.
(2) They shall come into force with effect from the 01st day of April, 2020.
2. In the Central Goods and Services Tax Rules, 2017, in rule 7, for the Table, the following
Table shall be substituted, namely:-
|
Sl.
No.
|
Section under which
composition levy is opted
|
Category of registered
persons
|
Rate of tax |
| 1 |
(1A) |
(2) |
(3) |
| 1. |
Sub-sections (1) and (2) of
section 10
|
Manufacturers, other than
manufacturers of such
goods as may be notified by
the Government |
half per cent. of the
turnover in the State
or Union territory |
| 2. |
Sub-sections (1) and (2) of
section 10 |
Suppliers making supplies
referred to in clause (b) of
paragraph 6 of Schedule II |
two and a half per
cent. of the turnover
in the State or Union
territory |
| 3. |
Sub-sections (1) and (2) of
section 10 |
Any other supplier eligible
for composition levy under
sub-sections (1) and (2) of
section 10 |
half per cent. of the
turnover of taxable
supplies of goods
and services in the
State or Union
territory |
| 4. |
Sub-section (2A) of section
10 |
Sub-section (2A) of section
10 |
three per cent. of the
turnover of taxable
supplies of goods
and services in the
State or Union
territory.’’. |
[F. No. CBEC-20/06/09/2019-GST]
(Pramod Kumar)
Director to the Government of India
Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section
3, Sub-section (i) vide notification No. 3/2017-Central Tax, dated the 19th June, 2017,
published vide number G.S.R. 610(E), dated the 19th June, 2017 and last amended vide
notification No. 48/2020 - Central Tax, dated the 19th June, 2020 published vide number G.S.R.
394 (E), dated the 19th June, 2020.
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