Gst registration

This query is : Resolved

priyank shah (Querist)
Follow

16 May 2019 Sir / Madam,

One of Customer doing business of Rental Dress and Costumes under SAC code. 997326 in gujarat. For Registration in GST which Basic limit of turnover for registration taken. And another question is Can he go to composition scheme under GST? if yes then which % tax rate to apply??

Please Answer me as soon as possible.

CA Anita Bhadra

CA Anita Bhadra (Expert)
Follow

16 May 2019 Limit for registration is Rs 20 Lakh ( Rs 40 Lakhs enhanced for goods only )

Under the new composition scheme , registered supplier of services can opt for composition scheme subject to certain conditions .

The supplier of service must have a turnover of less than Rs. 50 lakh in the previous financial year.

Tax Rate is 6% ( 3% CGST & 3% SGST )