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applicability of composition scheme

amol bramhankar (artical tranee) (260 Points)

24 June 2017

is composition scheme applicable to dairy if yes/no why?

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Ajay Prajapati (512 Points)
Replied 24 June 2017

composition scheme

threshold limit 75 lakhs

1- not available for services expect restraunt and dhabas
2-also not available for inter state supply
3- no ITC , no tax collection

1-for manufecturer- agrigate turnover ' s 2%.... cgst 1%+sgst 1%
2-for traders - agrigate turnover's 1% ... cgst.5%+sgst.5%
3- for restrau and dhabas 5%.... cgst 2.5%+sgst2.5%