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Composition Scheme

This query is : Resolved 

05 November 2019 Dear Experts

With effect from Feb 2019, a trader under composition scheme, can also supply services upto 10% of total turnover or 5 lakhs whichever is higher. Whether the following would be conisdered to calculate the 5 lakhs limit

1) Director salary
2) Interest and salary from partnership firm
3) Rent of house for residential purpsoe.

Please clarify

05 November 2019 1 GST payable under RCM not considered.
2 GST not applicable not considered.
3 Exempt from GST not considered



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