Composition scheme fro service provider
This query is : Resolved
09 May 2019
If i have two kind of services one regular Commercial rental income and other professional income (may be Ca or Professional Artist) (both consolidated total below 50 Lakhs) can I avail 6 % scheme on both services if other terms and conditions are satisfied as per notification
CA R SEETHARAMAN
(Expert)
09 May 2019
Yes you can avail composition scheme. But you can't pass on the GST of 6% payable by you. The supplier must issue a bill of supply instead of a tax invoice. The supplier must mention the words ‘composition taxable person’ on the bill of supply.
The supplier cannot charge and collect tax from the customer.
The supplier cannot claim the input tax credit.
The supplier cannot charge and collect tax from the customer.
The supplier cannot claim the input tax credit.
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