One of my client has running Private Limited Company and Registered under ROC and GST also Business - Service Provided He is already registered under GST & Rate- 18% Monthly Filing basis But Business will be less than 20,00,000 per annum Now can I Opt for Composition Scheme from Regular ??
20 January 2023
Yes, opt for composition scheme before 31st March. 50 lacs is the limit for services. For less than 20 lacs turnover you can opt out of GST.
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