GST under community service or Digital Seva
Plz collect information
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GST under community service or Digital Seva Plz collect information
Replies (6)
If your turnover is above 20 lakh then registration is mandatory
registration under normal scheme or composition scheme which is more beneficial for that business
registration under normal scheme or composition scheme which is more beneficial
In normal you avail full ITC
Monthly returns, accounts and record
In composition no ITC
Quarterly returns @ 1% on turnover
accounts and record not mandatory
So you have to choose
Monthly returns, accounts and record
In composition no ITC
Quarterly returns @ 1% on turnover
accounts and record not mandatory
So you have to choose
But in services only restaurant service is allowed to adopt composition
Your service not adopt composition
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