COMPOSITION SCHEME
This query is : Resolved
15 July 2017
One of my knowns is a service provider in excavation
1.Can he opt for composition scheme?
2.If he can opt for composition scheme what will be the rate for taxation?
3.What will be the maximum turnover under GST.
15 July 2017
Service provider except restaurant sector are not allowed to opt Composition Scheme.
30 October 2021
Yes, wide notification no. 2/2019-Central Tax (Rate), dated 7.3.2019, this benefit of composition scheme is also made available to supplier of services. This scheme is applicable from 1st April 2019.
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