The business code 21008 relates to tax consultancy offices. These services can be eligible for the GST composition scheme if your previous financial year's turnover was up to £50 lakhs and you do not provide inter-state consultancy services. The applicable tax rate under this scheme is 6%.
25 December 2021
Yes , Consultancy Services (HSN Code 9982.9983) can come under composition schemes only if you have turnover of upto 50 Lakhs in previous financial year and you are not doing any inter state supply of consultancy service and the applicable tax rate under composition will be 6%.