16 November 2020
His receipts are 27 lacs in fy 2019-20, can we take registration in current year under composition and pay last year tax through DRC03.
16 November 2020
Is the value of supply of services is more than 10% of the total supply (of goods and services) in 19-20? If yes then your rate of composition will be 1%. If it is more than the composition rate will be 6%.You can opt for composition scheme now and pay GST with interest till the date of registering and opting for composition scheme.
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