Composition levy
This query is : Open
30 July 2017
I am running a medical shop business... Turn over below Rs.75 lakhs. but i provide mobile recharge service also. Recharge of mobile phones under service category and exempt from tax under old service tax and now gst also i think. I have single rc or two separate rc for medical shop business and mobile recharge business. my question is shall i opt composition scheme in gst for medical shop business in both the following situations :
Situation 1 : Only one rc for medical shop and mobile recharge business
Situation 2 : separate rc for each business
Kindly clarify it
Situation 1 : Only one rc for medical shop and mobile recharge business
Situation 2 : separate rc for each business
Kindly clarify it
30 July 2017
Even if you have separate registration but common PAN you still cannot opt for composition levy.
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