Has the threshold limit for availing registration under GST Composition Scheme been raised to 75 lakhs?

Has the threshold limit for availing registration under GST Composition Scheme been raised to 75 lakhs?

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No this is an turnover limit for composition levy. i.e. up to 75lakhs you can lay tax as per composition levy provision ,1%

Answered on June 23, 2017.
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Gen GST