Composition schemw

193 views 4 replies
User Avatar

Student CA IPC / IPCC
261 Points Joined August 2015
If any businessman going to opt composite scheme but he has agriculture land /agriculture income can he opt composite scheme for his business
0 Reply Share Follow
On 13 July 2017 at 16:06 Report
Replies (4)
User Avatar

SEO Sai Gr. Hosp.
210657 Points Joined July 2016

Just refer: https://www.taxmanagementindia Gst-boon-agriculturist

Presently, it can be said that agriculture is out of purview of GST liability.

Reply
On 13 July 2017 at 16:16
User Avatar

Student CA IPC / IPCC
261 Points Joined August 2015
Sir i know about that but my question is that he can opt composite scheme or not bcz in composition rule it is specifically mentione that if u are supply non gst good then u can not go for composition.... Plz rply according to this case
Reply
On 13 July 2017 at 16:26
User Avatar

"Do the Right Thing...!!!"
128147 Points Joined January 2015

Agriculture land or Agriculture Income also Income Tax matter.

What goods you get from agri then that items under GST. Ll be think after that items based.... GST applicable or Not...?

Reply
On 13 July 2017 at 17:18
User Avatar

1518 Points Joined March 2017
Turnover include taxable and exempted goods or service so if your turnover is below 75 lakhs then opt composition scheme
Reply
On 14 July 2017 at 15:30


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