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
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.