GST for Govt sub contractor
chandan Tiwari (Student CA IPC / IPCC) (214 Points)
06 February 2023
I am government sub contractor. Cab I opt for GST composition scheme ??
3 Replies
sabyasachi mukherjee
(27593 Points)
Replied 06 February 2023
Yes you can opt provided your contract is with material and labour but you cannot take input tax credit.
chandan Tiwari
(Student CA IPC / IPCC)
(214 Points)
Replied 06 February 2023
Is any turnover limit ??
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 07 February 2023
Yes you can upto limit of Rs.1.5 crores.
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