composition scheme
Ranjeet Singh (accounts) (379 Points)
21 September 2018
Up to which amount is the composition scheme applicable.....
1 Replies
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....
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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