Composition With Rent service

03 September 2017

Sir XYZ is Composition dealer in gst trading in cloths.....Xyz also one commercial shop given on rent
can xyz continue with composition???

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3 Replies

RAJA P M ("Do the Right Thing...!!!") (127911 Points)
Replied 03 September 2017

No...

XYZ cannot opt composition scheme it he is received rental income. Rental income also under Services head..

XYZ ll be opt out from Composition scheme...

Dinesh Mantri (52 Points)
Replied 03 September 2017

Thank you sir....any other option is available???

RAJA P M ("Do the Right Thing...!!!") (127911 Points)
Replied 03 September 2017

XYZ handle both then no options...

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