Composition for renting movable goods

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Rehbar Maali (Querist)
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26 July 2017 My firm give on rents the generator,chairs,utensils (shamiyana ) service. Turnover exceeds 20lacs .can I go for composition scheme?

CA Rashmi Gandhi (Expert)
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26 July 2017 No you can't. As per Sec 10 service provider except restaurant sector not opt composition scheme.

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