Manufacturing & trading both activity


01 August 2017 If a traders is engaged in a business of manufacturing and trading both can he opt for composition scheme?
For Ex. manufactuirer of sweets and tarding of packed snacks etc.

01 August 2017 Yes he can opt for composition scheme. But then he will have to opt for both the businesses even if separate registration have been taken for each business.

01 August 2017 But sir the rate of composition for manufacturer and traders is different in this case under which category will he take registration.



01 August 2017 If both options are not available then you will have to take separate registration.

01 August 2017 Its advisable to take separate registration

01 August 2017 Seperate registration in the form of two business vertices?

01 August 2017 Yes.................

01 August 2017 But what if both the work is done from one and the same place. Because the assessee is a small dealer T/O not exceeding 40 lakhs.


01 August 2017 Yes, you can opt the composition scheme.

01 August 2017 If you dont take separate registration then 2% rate will be applicable on all supplies including trading.



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