Avinash Jeevan Dsouza (Assistant In Charge Accountant) (3284 Points)
13 November 2017Can a service provider apply for composition scheme? Service type - advertisment service in a website portal www.newskarnataka.com.
Currently having a GSTIN under regular tax system.
If yes,
What is the limit to opt for compoisition scheme?
What is the rate of Tax?
Procedure for applying compostion scheme?
Avinash Jeevan Dsouza
(Assistant In Charge Accountant)
(3284 Points)
Replied 13 November 2017
Dear Priyokumar Thounaojam,
Thank you for your promt reply. But my question is on services. Can you please quide me in the same?
Thanks in advances.
CA Hemant Kumar
(Proprietor)
(13 Points)
Replied 13 November 2017
Composition scheme is not available for advertisement services. It is only applicable for retaurant service provder. Please refer Sec 10 of CGST Act and related rules. Thanks
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