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Composition Scheme

Kunal Pansari (Accountant) (1037 Points)

21 March 2018

Can Service Providers with turnover below 5 lakh opt for composition scheme?

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5 Replies

Rahul Prasad (CA Student) (1683 Points)
Replied 21 March 2018

service provider are supposed to opt composition scheme

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Govardhan Varma (Advocate in practice) (51 Points)
Replied 21 March 2018

Yes we have the option of amend registration

Rahul Prasad (CA Student) (1683 Points)
Replied 21 March 2018

sorry not have been missed to write on my above answer. service provider accept resturent service are not supposed to opt composition scheme.

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 21 March 2018

Mr. Kunal Pansari.,

As per Your query NO....

But,
Any Trader or Manufacturer can deal any Services for his trading related then he can avail the 5lakhs exemption for Services....

Otherwise not applicable...

MURALIDOSS (INCOME TAX PRACTITIONER) (1329 Points)
Replied 21 March 2018

SIR,

MY FRIEND REGISTERED GST NUMBER ON 08/01/2018 AS COMPOSITION , BUT THERE IS A NOTICE ISSUED BY DEPT FOR NON FILING OF GSTR 3B FOR THE PERIOD FROM JULY 2017-NOV-2017. BUT IN THAT NOTICE THERE IS NO NUMBER FOR THAT NOTICE , NO NAME ALSO , WE RECEIVED ONLY BY MAIL.

ANY SUGGESSTION PLEASE?