Composition limit applicable on pan-India basis, regular taxpayer registration for 'SEZ' supplies

CBEC clarifies that, composition levy scheme is optional for small taxpayers whose aggregate turnover in preceding financial year does not exceed Rs. 75 lakhs (50 lakhs in case of certain Special Category States), says limit shall be computed on all India basis clubbing value of all taxable/exempt supplies and export by persons with same PAN; Option to be given prior to commencement of relevant financial year and will have to be exercised for all States, rate (CGST plus SGST)...