Composition scheme

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2017 I am a trader of Air conditioner and my turnover is below Rs 75 lacs so i am eligible for composition scheme. But if answer is different if I am also giving AMC with that AC ?

RAJA P M

RAJA P M (Expert)
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30 July 2017 Yes... You are not applicable Composition Scheme....

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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30 July 2017 If you are only trader then opt for composition. But if AMC services also provided with it then composition scheme not available to you.

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Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2017 what if I give composite supply bill like AC of Rs 10,000 and AMC charges Rs 1500 thereby total of Rs 11,500. Can Composite/mixed supply not covered under Composition scheme ?

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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30 July 2017 No........

RAJA P M

RAJA P M (Expert)
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30 July 2017 Composition scheme only dealing goods. Not to service sector except restaurants....