Menu
construction company can registered under composition scheme,..??
construction company can registered under composition scheme,..??
Replies (8)
No, Composition scheme is allowed to dealer (Traders) and not to service providers
Builders are service providers hence scheme is not applicable to Builders
thank you Mr.Rakesh bandal
thn one more doubt is Can composite dealer purchase from another state ie can made inter state inward supply
No, condition for Composition scheme is that you should provide serices within state only and no inter state supplies will be made or can be purchase
In the gst law there is no restriction for inward supply. A composite dealer , an unregistered dealer can make inter state purchase. The only restriction is towards outward supply. So in the given case the composition dealer can make inter state purchase
yes can do inter state purchase...
Sorry, Inter state purchases can be made
Thanks
Composition scheme opened again for dealers today. You can now opt for it.
Recent Threads
- How to Increase Website Traffic Effectively
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
