Composition scheme vs regular

222 views 3 replies
User Avatar

Accountant
71 Points Joined August 2011
I am running a shop for mobile recharge and my annual turnover will be below 70 lakh. As everyone knows mobile recharge cause big amount but very small profit margin. Shall I go for compounding scheme or regular scheme
0 Reply Share Follow
On 05 August 2017 at 00:00 Report
Replies (3)
User Avatar

GST Consultant
15986 Points Joined March 2013
I think mobile recharging is a service therefore composition not available.
Reply
On 05 August 2017 at 00:31
User Avatar

Proprietor
4869 Points Joined January 2010
no u can not go for composition
Reply
On 05 August 2017 at 08:35
User Avatar

Accountant
71 Points Joined August 2011
Ooh..... thank you
Reply
On 05 August 2017 at 11:01


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading