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GST composition scheme

Suraj singh (student) (36 Points)

08 April 2018

If any service provider under composition scheme provides 5 lakhs service turnover than GST paid to govt is not required

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RAJA P M ("Do the Right Thing...!!!") (127921 Points)
Replied 08 April 2018

Composition scheme not available for "ANY SERVICE PROVIDER" for the 5lakhs ceiling limit...

The option available only related business activities dealers only. Not to all...

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Suraj singh (student) (36 Points)
Replied 08 April 2018

ok sir

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 08 April 2018

upto to 5 lac of service in composition was decided in GST counsil meeting but no notification has been issued in this regard , so its just a recommendation

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 08 April 2018

If you are providing services upto 5 Lakhs in a year you can opt for composition scheme as per GST Council meeting but notification for same is still awaited.

RAJA P M ("Do the Right Thing...!!!") (127921 Points)
Replied 08 April 2018

Yeah... Notification not available now...

But, The Composition scheme with service is not applicable to all the Business and Services...

It's applicable to who can make business as trading / manufacturing and Services with his supplied goods they can opt composition scheme...

Not applicable to all Service provider...

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CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 08 April 2018

Agreed with Raja P M this scheme is available for trader provide services also.