about composite scheme

composition scheme is applicable only to those dealers whose turnover does no exceed 75 lakh rupees. It is upto you to opt it or not. After composition scheme you don't require to file monthly return but need to file quarterly return and annual return after closing of year accounts

Applicable tax rate in composition scheme is:-
on manufacturer- 1%
on dealers of daily consumed goods- 2.5%
on others- 0.5%

sir can jobworker opt composition scheme or not ? if his turnover was less than 75 lakh

No job workers are not allowed to opt the composition scheme
only the traders of goods can opt this scheme.

ok thanks sir

But sir composition scheme also available for manufacturer....... so I thought that jobworker may fall under this .......I m not sure about this

Dear Naveen  Sir 

if a person provide only any type  servcie  can not opt composiotn scheme