Composition

This query is : Open

surendra kumar (Querist)
Follow

20 August 2017 Hi,

I am trader having turnover of 40 lac during training year having a separate registration. I have commercial property let out and has income of 25 lac.

Can I opt for composition scheme under gst?

Thanks

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

20 August 2017 No you can't as you are also providing services & composition scheme not available for service.

surendra kumar

surendra kumar (Querist)
Follow

21 August 2017 Can I opt for composition scheme for my trading business?

Thanks

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

21 August 2017 No you have to opt either composition or normal scheme for all business.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

21 August 2017 Composition Scheme is not available for services, so you cant opt for trading business also.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

kopparapu bheemarao

asmita gupta

venkateswara reddy

Mahasweta Deb

nitin

Subscribe Now

Composition

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA