Composition scheme turnover
jhansi (CA Practice ) (50 Points)
26 January 2019
what is the effective date for the increased turnover limit of composition scheme from 1 Crore to 1.5
7 Replies
Sanjiv Rajpoot
(3430 Points)
Replied 26 January 2019
The annual turnover limit increased by GST council to 1.50 Crores, effectively from 1 April 2019
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 26 January 2019
Currently its 1 crore & 1.5 crore is recommendation only hence wait for notifications to to be issue
Shivam RC
(Student)
(23683 Points)
Replied 26 January 2019
Notification yet to be issued regarding the same..
The CGST AMENDMENT Act 2018 will be effective from 01.02.2019, where the statutory turnover limit will be increased.
The CGST AMENDMENT Act 2018 will be effective from 01.02.2019, where the statutory turnover limit will be increased.
Vinod Babu
(24191 Points)
Replied 27 January 2019
Till date the turnover limit of composition scheme is 1crore.
pritesh
(CA Final student)
(7101 Points)
Replied 27 January 2019
All the changes made in 32nd gst council meeting will be effective from 01.04.2019
PRANIT PANSARE
(2 Points)
Replied 27 April 2023
1.5 turnover are applicable for outdoor catering services
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