normal GST tax payer can transfer in tax payer composition scheme? if yes, then how? and when?
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Scheme of composition scheme.
Replies (9)
if total turn over up to the 1.50 crore ,then you can take composite scheme anytime
Sorry to Say.,
The T/O limit is 1cr for Composition Scheme. No more notification about 1.5cr....
The T/O limit is 1cr for Composition Scheme. No more notification about 1.5cr....
that means no date is specify for take transfer into composition scheme ?
You can anytkme get transferred under GST composition scheme if you think that your turnover isn't going to be more than that of the limit of 1 crore and this can be done through thw following process -
1. Log in on GST Portal
2. Select services section
3.Click on "Opt for composition levy" option
1. Log in on GST Portal
2. Select services section
3.Click on "Opt for composition levy" option
| Originally posted by : Pankaj Soni | ||
 |
that means no date is specify for take transfer into composition scheme ? |  |
You can avail anytime to change composition scheme. It will be applicable from the next month / Quarter....
23rd gst council meeting nov 2017 threshold limit increase 1cr-1.5cr..
mr.RAJA
mr.RAJA
You know Also it's increased Rs. 2cr in next meeting...?
don't know sir .. i know it's 1.5 cr
| Originally posted by : avanish shukla | ||
|
don't know sir .. i know it's 1.5 cr | |
Both are just Decision. No more notification about these limits.. So, Now it's One Crore only...
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