Deciding factor between composition scheme and normal scheme

This query is : Resolved

Zoheb (Querist)
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10 July 2017 Dear All,

how can we Decide wether to opt for Composition scheme or Normal scheme so that we can get the best benefit out of GST ?

Regards,
Zoheb Pardesi

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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10 July 2017 Get clarified watching this.... GST Presentation https://www.caclubindia.com/share_files/details.asp?mod_id=73459

CA S K MISHRA

CA S K MISHRA (Expert)
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10 July 2017 In case of small trader/Manufacturer/ Restaurant service provider i.e turnover less than Rs.75 lakhs ( Rs.50 lakhs for specified state) it is advisable to opt for composition scheme, as there are less compliance and need not to issue Tax invoice to buyer, no monthly return, qtrly deposit of GST and many more advantages.

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