Hello
can I register under composition scheme if my business is manufacturing of fly ash bricks? please suggest.
wht are disadvantage or advantages of it?
Menu
Composition scheme in case of fly ash bricks manufacturing
Replies (3)
Adv.: GST rate applicable 1% against normal rate 5%; less compliances..
Dsavt: No ITC, Only intra state supply.
please decide based on your customer profiling if you are selling to builders or big contractors better to go for normal. but if you are selling to individual customers better to go for composition
But I won't be able to supply inter state??
Recent Threads
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
Related Threads
CAclubindia
