Please anybody can share link for all information regarding GST compliance for Builders under Composition Scheme ?
6 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 05 May 2021
Access all the composition scheme compliances under section 10 of GST act, on gst.gov.in
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 05 May 2021
I don't think there is any composition scheme for builders.
There is only one scheme under main provisions
prasad Nilugal
(3914 Points)
Replied 05 May 2021
Builder is service provide so section 10 composition not applicable to service provider
As per notification 2/2019 (CT) Dr 7/3/19 composition scheme (2) is available to service provider , however turnover should be below 50 lac and should fulfil other conditions .
so I agree with Zafar Sir .
As per notification 2/2019 (CT) Dr 7/3/19 composition scheme (2) is available to service provider , however turnover should be below 50 lac and should fulfil other conditions .
so I agree with Zafar Sir .
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 05 May 2021
Yes agree with Mr. Prasad Ji.
You can find the detail FAQ on builder on cbic.gov.in
You can find the detail FAQ on builder on cbic.gov.in
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