Whether any trader who was paying the tax regulary tax under prevoius law, can opt for composition scheme under GST if his total turnover is under Rs. 75 lakh?
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 04 July 2017
Yes of course, provided you comply with other conditions.
CA NEERAJ SHARMA
(practice)
(408 Points)
Replied 04 July 2017
Yes he can, subject to conditions and restrictions mention in Sec-10 of CGST act.