composition

21 February 2019

a hotel with restaurants and bar can opt composition?

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4 Replies

shailendra shukla (Bhopal) (1741 Points)
Replied 21 February 2019

till now.... no..... supplier of services upto a turnover of 50 lakhs can opt for composition scheme from fy 19-20( yet to be notified)....

pritesh (CA Final student) (7101 Points)
Replied 21 February 2019

Shailendra sir restaurant service provider can opt For composition scheme.

shailendra shukla (Bhopal) (1741 Points)
Replied 21 February 2019

yes @ 5%...... sorry mixed up two queries....my fault....

Pooja Singhal (108 Points)
Replied 22 February 2019

sir
we have hotel for accommodation services with bar and restaurants. can we opt composition for hotel accommodation service

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