Composition scheme
This query is : Resolved
01 July 2017
MY CLIENT HAVE GENERAL STORE OUTSIDE HOTEL.(TURNOVER BELOV 75 LAKH) AND IN MUMBAI CITY. MY QUESTION IS ARE FOLLOWING.
1) CAN HE OPT COMPOSITION SCHEME.
2) WHAT WILL BE RATE OF GST UNDER COMPOSITION SCHEME
3) IF HE PURCHASE URD .THEN NEED TO PAY UNDER RCM OR NOT
PLEASE REPLY
1) CAN HE OPT COMPOSITION SCHEME.
2) WHAT WILL BE RATE OF GST UNDER COMPOSITION SCHEME
3) IF HE PURCHASE URD .THEN NEED TO PAY UNDER RCM OR NOT
PLEASE REPLY
CA R SEETHARAMAN
(Expert)
01 July 2017
1) HE CAN OPT FOR COMPOSITION SCHEME.
2) RATE OF GST IS 1% UNDER COMPOSITION SCHEME
3) IF HE PURCHASE URD .THEN NO NEED TO PAY GST UNDER RCM.
2) RATE OF GST IS 1% UNDER COMPOSITION SCHEME
3) IF HE PURCHASE URD .THEN NO NEED TO PAY GST UNDER RCM.
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Amol S Joglekar
(Expert)
01 July 2017
01. yes, he can opt for composition
02. 1%
03. RCM not applicable
02. 1%
03. RCM not applicable
Message likes :
2 times
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