Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 31 December 2018
Its Order No. 1/2017 UT , dt. 13/10/2017
Extract from above Order
i) it is hereby clarified that if a person supplies goods and/or services referred to in clause (b)
of paragraph 6 of Schedule II of the Central Goods and Services Tax Act, 2017 and also
supplies ANY exempt services, including services by way of extending deposits, loans or
advances in so far as the consideration is represented by way of interest or discount, the said
person shall not be ineligible for the composition scheme under section 10 of the said Act,
subject to the fulfilment of all other conditions specified therein.