Gst rate composition

06 April 2020

gst rate? for composition service provider ?

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4 Replies

Anas Alam (11 Points)
Replied 06 April 2020

1 % of total sale
some case in 2 %

inderjeet saini (227 Points)
Replied 06 April 2020

Gst rate in IGST @ 1% and CGST & SGST respectively 0.5% , in case your are under opt scheme under notification 2/2019 than tax rate is 6%

Spurto Consultancy Services (Consultant) (1891 Points)
Replied 06 April 2020

The composition scheme for service providers gives an option to taxpayers rendering services having aggregate annual turnover up to Rs. 50 lakh.

Service providers opting for the composition scheme can charge a lower tax rate of 6%

Shivam RC (Student) (23683 Points)
Replied 06 April 2020

GST Rate for Composition Scheme dealers engaged in providing EXCLUSIVE SUPPLY OF SERVICES is 6%.

CGST @ 3%
SGST @ 3%

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