Composition scheme
This query is : Resolved
Chandan Joshi
(Querist)
14 June 2017
Sir i hv askd yesterday also about that my turnover is under 10 lac and i m tobbaco manufacturer can i register under composition scheme or not or what will be the tax slabs
CA R SEETHARAMAN
(Expert)
14 June 2017
Your turnover below 20 lacs so no need for you to register under GST and pay any GST.
Message likes :
1 times
Chandan Joshi
(Querist)
14 June 2017
Thanx sir....
One more thing is that if my turnover incresed to 50 lac approx than can i take composition scheme.....
I am asking spacially because my product is tobacco related
One more thing is that if my turnover incresed to 50 lac approx than can i take composition scheme.....
I am asking spacially because my product is tobacco related
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Gift to nri relatives residing in usa
- Capital Gains Tax on Inherited Mutual Fund
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
