Dear sir, We have Registered GST. But we are eligible to COMPOSITION TAX (below 50 lakhs only total sales). In this situation what formalities following by me. please guide me. your guidance very helpful to us sir. by
S.Rajasekaran
Karaikal.
9486179213
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GST to Composition Shifting formalities
Replies (3)
Formalities to be followed are
1. Issue Bill of Supply instead of Tax to all your clients.
2. Pay tax @ 1%, 2%,5% of your turnover if you are trader, manufacturer or into restaurant business respectively.
3. File quarterly returns.
how we opted composition scheme
on gst portal apply for composition
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