Composition
Ranjith (student) (76 Points)
28 November 2020
can a CSC(common service provider) service provider register under GST Composition scheme?
5 Replies
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 28 November 2020
Yes, if your Turnover below 50 Lacs
Ranjith
(student)
(76 Points)
Replied 28 November 2020
Thank you sir
what is rate should I pay?
1% (0.5%cgst 0.5%sgst) or 6%(3%cgst 3%sgst)
what is rate should I pay?
1% (0.5%cgst 0.5%sgst) or 6%(3%cgst 3%sgst)
CA ABHAY GUPTA
(Practice)
(3235 Points)
Replied 28 November 2020
Rate for service provider is 6% (3% CGST 3% SGST)
Shivam RC
(Student)
(23683 Points)
Replied 29 November 2020
As per Notification No. 2/2019 - Central Tax ( Rate ), dated 07th March 2019, Service Providers having Aggregate Turnover upto Rs. 50 lakhs, will be eligible to opt for Composition Scheme w.e.f 01/04/2019.
The Rate of GST which they are required to pay out of their own pocket is 6% ( 3% CGST + 3% SGST ).
The Rate of GST which they are required to pay out of their own pocket is 6% ( 3% CGST + 3% SGST ).
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