Importance and nature of charging section: 1.1  Article 265 of the Constitution of India mandates that no tax shall be levied or collected except by the authority of law. Charging section is a must in any taxing statute for the purpose of levy and collection of tax. Before taxing any person, it must be shown …

1.1  Composition levy is a scheme introduced by the Government for registered taxable persons. The benefit of the composition scheme will only be available to those taxable persons who are registered under GST and their aggregate turnover is less than 50 Lakh in one financial year. It is also to be noted that the provision …