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SECTION 10 OF GST ACT – COMPOSITION LEVY (LLB EXAM NOTES) Section 10 of the GST Act provides a Composition Scheme for small taxpayers to reduce their tax burden and compliance requirements . 1. Statutory Provision Section 10 is contained in the Central Goods and Services Tax Act, 2017 . 👉 It is an optional scheme . 👉 Taxpayer may choose normal GST or composition scheme . 2. Meaning of Composition Scheme The Composition Scheme allows eligible small taxpayers to: Pay GST at a fixed lower rate File fewer returns Maintain less records But in return, they: Cannot collect GST from customers Cannot claim Input Tax Credit (ITC) 3. Section 10(1) – Who Can Opt for Composition Scheme A registered person can opt for composition levy if: Conditions Aggregate turnover in preceding financial year: Up to ₹1.5 crore ₹75 lakh for special category states He is: Manufacturer (except notified goods) Trader Restaurant service provider (not serving alcohol) 4. P...