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composition scheme

Ranjeet Singh (accounts) (378 Points)

21 September 2018

Up to which amount is the composition scheme applicable.....

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Shivam RC (Student) (23683 Points)
Replied 21 September 2018

At Present the Threshold limit to opt for Composition Scheme is Rs.1 Crore ( Rs. 75 lakhs in case of Special Category States except for Jammu and Kashmir and Uttarakhand ).

The CGST ( Amendment ) Act 2018 has amended SECTION 10 and increased the limit from ₹ 1 Crore to ₹ 1.5 Crore. But this has not yet been Notified.

Hence, it's Rs. 1 Crore at present....

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