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Composition scheme

28 June 2017

a computer trader have turnover of 22 lac through sale of computers and turnover of 13 lacs though repair..
can he opt for composition scheme?

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6 Replies

ANJAN KUMAR (61 Points)
Replied 28 June 2017

why not

Mansoor Mampad (99 Points)
Replied 28 June 2017

No .as he has service receipts

CA Arun Gupta (CA) (173 Points)
Replied 28 June 2017

May he opt for sale of computers only

Aadrsh Pratap Singh (None) (26 Points)
Replied 28 June 2017

if both businesses i.e. trading and service providing are under same PAN, then have to opt for both business not for single one.

CA Arun Gupta (CA) (173 Points)
Replied 28 June 2017

But repair service is not eligible for composition scheme

P C Agrawal (Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad) (8229 Points)
Replied 28 June 2017

Pl refer notification issued on 27.6.2017 for composition scheme:

https://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-8-central-tax-english.pdf

Service provider other than hotel service is not eligible for composition scheme.