Threshold limit for Composition scheme
BISWAJIT PRADHAN (243 Points)
10 July 2019
What are the present threshold limits for Manufacturers and Service providers under Composition levy?
4 Replies
BISWAJIT PRADHAN
(243 Points)
Replied 11 July 2019
But some for Manufacturers 1.5 crores given in some books
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177869 Points)
Replied 11 July 2019
Yes, that is only for manufactures & goods traders, not for service providers.
Shivam RC
(Student)
(23683 Points)
Replied 11 July 2019
Threshold Limit for Composition Scheme :
1). Manufacturers :- Rs. 1.5 Crore.
2). Traders of Goods :- Rs. 1.5 Crore.
3). Service Provider :- Rs. 50 lakhs.
1). Manufacturers :- Rs. 1.5 Crore.
2). Traders of Goods :- Rs. 1.5 Crore.
3). Service Provider :- Rs. 50 lakhs.
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