I am a composition dealer, on the dashboard its written that annual aggregate turnover is upto rs.5 crore.
my question is that what is the importance of this, since we are already filing returns quarterly. and limit given to composition dealer is only 1.50 crores.
this should be shown to only regular tax payers so that they can choose between monthly or quarterly return filing.
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Annual aggregate turnover for composition dealer
Replies (3)
Quick Summary
Yes you are correct, the new scheme is not applicable to Composition Dealer , but one who like to switch from composition to regular can opt the new return filing scheme accordingly.
Thank you for reply
Gstr 9
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