Can I get composition scheme

27 March 2024

if I am getting rent on property and a lodge turnover below 40 lac.
can I get composition scheme with tax rate 6%..

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4 Replies

sabyasachi mukherjee (27713 Points)
Replied 27 March 2024

Why you want to apply for gst registration???

Mridul Kwsarwani (12 Points)
Replied 28 March 2024

Yes, you can opt for the composition scheme as per Section 10(2A) of the CGST Act, 2017.

Yasaswi Gomes new (Finance ) (4545 Points)
Replied 28 March 2024

Alcohol selling and manufacturing is disqualified

CS Advocate Abhishek Goyal (M Com FCS LLB M-AIMA ) (13949 Points)
Replied 01 April 2024

Upto Rs 50 lac compositions scheme for service providers can be opted.

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