GST Supplier Of Goods Manufacturers And Traders Composition Scheme
As per the recommendations of the GST Council, ice cream manufacturers have been excluded from the purview of Composition Scheme. Certain representations have been received from trade seeking inclusion of ice cream manufacturers in the composition scheme.
A proposal to increase the threshold exemption limit for supplier of goods (manufacturers and traders) was placed before the GST Council in its 31st Meeting held on 22.12.2018. The GST Council has referred the issue to the Group of Ministers (GoM) on MSMEs.
The above information given by the Minister of State for Of Finance Shri Shiv Pratap Shukla in the Parliament on 28.12.2018