Regarding composition scheme
This query is : Resolved
10 January 2019
Good Afternoon To All Expert,
Today GST Meeting 32 held on New Delhi & following changes in respect of Composition Scheme about Turn Over reduced from 1.5 Crore from 1 Crore .
But Sir This turnover already changed in Gst rule amendment in August 2018 & new reduced turnover will effect from February 2019 & also service opt composition scheme upto 5 lakh turnover.
As per 32 Gst Meeting new turnover will changed from 1 April 2019. But As per Gst rule amendment in August 2018 turnover will effect from February 2019.
Sir Kindly Guide
Today GST Meeting 32 held on New Delhi & following changes in respect of Composition Scheme about Turn Over reduced from 1.5 Crore from 1 Crore .
But Sir This turnover already changed in Gst rule amendment in August 2018 & new reduced turnover will effect from February 2019 & also service opt composition scheme upto 5 lakh turnover.
As per 32 Gst Meeting new turnover will changed from 1 April 2019. But As per Gst rule amendment in August 2018 turnover will effect from February 2019.
Sir Kindly Guide
10 January 2019
Yes this seems to be anomaly between the two decisions, let us wait for a clarification in this respect.
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10 January 2019
THANK YOU SIR FOR UNDERSTAND ME AND WHAT I WANT TO ACTUALLY SAY. GST RULE AMENDMENT IN AUGUST 2018 REGARDING TURNOVER IN CASE OF COMPOSITION SCHEME . AND RULE PASS IN 31 GST MEETING AND WILL EFFECT FROM FEBRURY 2019. BUT IN TODAY GST MEETING GOVERNMENT INCREASED DATE OF COMPOSITION LIMIT 1 MONTH.
ANY EXPERT GIVE YOUR VALUABLE REPLY
ANY EXPERT GIVE YOUR VALUABLE REPLY
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