I am a trader opting composition tax 1%. Now I changed my business, started providing service. So
from April 19 - June 19 shall I pay 6% tax on CMP 08 simply or I need to intimate dept to this effect or
something else , plz guide me.
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6% composition scheme
Replies (3)
As .per Notification 2/2019 CT (R) the person paying tax u/s 10 cannot opt for the the scheme to pay Tax @ 6%
Hence if you are already registered under Composition scheme cannot opt for the same
Hence if you are already registered under Composition scheme cannot opt for the same
Now what to do ? Shall I surrender my existing registration and take fresh one with 6% composition ?
Yes .... correct surrender the existing GSTn &. apply for new under 6% composition .
Pls make sure that your Aggregate turnover in preceding FY is below 50lac
It's better Refer the Notification 2/2019 CT (r) the eligibility prescribed for the same .
Pls make sure that your Aggregate turnover in preceding FY is below 50lac
It's better Refer the Notification 2/2019 CT (r) the eligibility prescribed for the same .
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