What is the rate of tax applicable to a taxable person opting to pay tax under composition scheme

Section 10(1) of the CGST Act, 2017 prescribes, subject to such conditions and
restrictions as may be prescribed, that the rate of tax shall not exceed:
1. one per cent of the turnover in State or turnover in Union territory in case of a manufacturer;                                                                                                                                       2. two and a half per cent, of the turnover in State or turnover in Union territory in case of persons engaged in making supplies referred to in clause (b) of paragraph 6 of Schedule II; and
3. half per cent, of the turnover in State or turnover in Union territory in case of other suppliers.

(ICAI FAQ PUBLICATION 06-09-2017 COMPOSITION LEVY: FAQ NO. 53)