sir, I had one coaching centre teaching science students and preparing iit with turnover of 30 lakhs
I had doubt I can opt composition scheme or not
thank you
5 Replies
Rahul Prasad
(CA Student)
(1683 Points)
Replied 23 March 2018
you can not opt composition for teaching.
CA Vijeta Nathani
(Chartered Accountant)
(505 Points)
Replied 23 March 2018
Your title prescribed is for GST.. in case if your query is in same line... then... YOU CAN NOT OPT FOR COMPOSITION SCHEME UNDER GST.
Ravi
(Ca articleship)
(335 Points)
Replied 23 March 2018
I'm not individual, actually we are doing partnership business
Rahul Prasad
(CA Student)
(1683 Points)
Replied 23 March 2018
nature of entity does not effect the composition scheme rule. it could not be opted.
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