Prescribes that the registered person, whose aggregate turnover in the preceding financial year did not exceed seventy five lakh rupees. - FA-3-23/2017-1-V-(50) - Madhya Pradesh SGST

NOTIFICATION Bhopal, Dated: 30/06/2017 No. F-A-3-23-2017-1-FIVE (50) In exercise of the powers conferred by the proviso to sub-section (1) of section 10 of the Madhya Pradesh Goods and Services Tax Act, 2017 (No. 19 of 2017) , the State Government, on the recommendation of the G.S.T. Council, hereby, prescribes that registered person, whose aggregate turnover in the preceding financial year did not exceed seventy five lakh rupees, may opt to pay, in lieu of the State tax payable by him, an amount calculated at the rate, prescribed under the said sub-section. 2. This notification shall deemed to have come into force from 27th June, 2017. By order and in the name of the Governor of Madhya Pradesh, ARUN PARMAR, Dy. secy.