Subdued demand may force relook at GST composition scheme

With just about one lakh of 70 lakh businesses opting for GST Composition Scheme , tax authorities are reviewing why the scheme that allowed such entities to pay a fixed 1-5 per cent tax, has not clicked. A senior government official said the Central Board of Excise and Customs ( CBEC ) is trying to ascertain the reasons for businesses not opting for the Composition Scheme that was especially desi…