Current framework
The standard composition threshold for eligible goods taxpayers is commonly ₹1.5 crore, with ₹75 lakh in specified lower-limit jurisdictions. A separate service composition scheme applies up to ₹50 lakh, subject to conditions.
Composition taxpayers cannot collect tax as regular taxpayers or claim input tax credit, and eligibility must be maintained throughout the year.
Official sources
- GST Portal composition opt-in FAQ
- CBIC composition levy FAQs and notifications