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Composition scheme

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srinivasan ak

149 Points Joined June 2017

If a person supplies only taxable services ( not involved in supply of goods then is he eligible to opt for composition scheme under section 10(1) or he is eligible only under alternative composition scheme which talks about preceding year turnover limit of Rs. 50 lakh

Replies (2)

Pankaj Rawat

GST Practitioner

55067 Points Joined June 2017

As per proviso under section 10 (1)(c) can supply of services not exceeding 10% of turnover or 5lac whichever is higher.
&
As per sub clause (2A) of Section 10 can supply of services & goods whose Turnover in Preceding year is not more than 50lac .

So if you are engaged in supply of services only then eligible composition scheme prescribed in (2A) of Section 10