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Applicability of composition scheme

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(Querist)
26 June 2017 tell me whether composition scheme is not applicable to all types of services or not
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Devansh Jain

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Devansh Jain (Expert)
26 June 2017 No. Compostion is avaible for only one kind of service (Restaurant services) and not all kind,,,,
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Nischit Sanghavi

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Nischit Sanghavi (Expert)
26 June 2017 compositionscheme is applicable when turnover (now supply word to be used under GST) is up-to 50L only



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Devansh Jain

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Devansh Jain (Expert)
26 June 2017 Hi Nischit,
Mr. Reddy asked only for which type of services composition scheme is applicable and not the turnover limit.
Also, the turnover limit has been increased to 75 lacs now....
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
26 June 2017 Except restaurant services you cant opt under composition scheme.

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