Poonawalla fincorp
Poonawalla fincorp

CMP 08-Composition

This query is : Resolved 
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(Querist)
16 April 2021 Hi All

Can builder opt for composition scheme if his turnover is less than 1.5 Crs. and file CMP 08 under composition?

Whether GSTR4 to be filed along with CMP 08?


Thanks in advance
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
20 November 2021 No. For works contract, no composition if turnover is more than 50 lakhs.

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