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composite scheme in gst

percy (B.Com) (370 Points)

01 June 2017

can anybody with less than 50 lacs turnover go for composite scheme in gst

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10 Replies

Pradeep Patidar (78 Points)
Replied 01 June 2017

yes go gor it

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percy (B.Com) (370 Points)
Replied 01 June 2017

thanks.. run Xerox photo copy shop..

percy (B.Com) (370 Points)
Replied 01 June 2017

thanks...by some say service not included...only manufacturer included???

CA NEHA RAMPURIA (Taxation Consultant) (1823 Points)
Replied 02 June 2017

Yes composition scheme is not for service providers

CA NEHA RAMPURIA (Taxation Consultant) (1823 Points)
Replied 02 June 2017

Yes composition scheme is not for service providers

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percy (B.Com) (370 Points)
Replied 02 June 2017

thanks..but do I quLify as service or manufacture... my material cost is high

percy (B.Com) (370 Points)
Replied 03 June 2017

thanks..but do I quLify as service or manufacture... my material cost is high

Subodh Sharma (Tax Consultant) (41 Points)
Replied 05 June 2017

Restaurant sector which are providing services is allowed in composition scheme rest other services are not included. Only Dealers dealing in goods are included in composition scheme if aggregate turnover in a financial year does not exceed INR 50 Lakh.