CBEC passed order on 13.10.17 to remove difficulties in composition scheme
An order no. 01/2017-Central Tax dated 13th October,2017 was passed to remove difficulties in implementingprovisions of composition scheme.
Benefit of Composition Scheme can also be availed by persons providing exempted services under GST. Order was passed toremove difficulties in implementing provisions of composition scheme.
A similar order no. 1/2017 – Union Territory Tax ( on 13th October, 2017) was also passed by Union Territory Tax to extend the benefit of composition scheme to persons providing the services which are exempted under GST regime.
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,SECTION 3, SUB-SECTION (ii)]
Government of India
Ministry of Finance
(Department of Revenue)
New Delhi, the 13th October, 2017
THE CENTRAL GOODS AND SERVICES TAX (REMOVAL OF DIFFICULTIES)ORDER, 2017
S.O. (E). Whereas, certain difficulties have arisen in giving effect to the provisions of theCentral Goods and Services Tax Act, 2017 (12 of 2017), hereinafter in this order referred to asthe said Act, in so far as it relates to the provisions of section 10 of the said Act;
Now, therefore, in exercise of the powers conferred by section 172 of the said Act, theCentral Government, on recommendations of the Council, hereby makes the following Order,namely:-
1. This Order may be called the Central Goods and Services Tax (Removal of Difficulties)Order, 2017.
2. For the removal of difficulties,-
(i) it is hereby clarified that if a person supplies goods and/or services referred to in clause (b)of paragraph 6 of Schedule II of the said Act and also supplies any exempt services includingservices by way of extending deposits, loans or advances in so far as the consideration isrepresented by way of interest or discount, the said person shall not be ineligible for thecomposition scheme under section 10 subject to the fulfillment of all other conditionsspecified therein.
(ii) it is further clarified that in computing his aggregate turnover in order to determine hiseligibility for composition scheme, value of supply of any exempt services including servicesby way of extending deposits, loans or advances in so far as the consideration is representedby way of interest or discount, shall not be taken into account.
[F. No. 354/173/2017-TRU]
Under Secretary to the Government of India
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