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Can a small builder can opt composition scheme

Tarun (Asst.) (73 Points)

22 October 2018

Dear Sir, we are construction a plot and sale this in floor wise, can we opt composition scheme under gst???

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (195722 Points)
Replied 22 October 2018

No, because dealers having 'works contract' services cannot opt composition scheme under GST.

4 Like

Vinod Babu (24196 Points)
Replied 22 October 2018

As work contract nature is service, you can't opt composition scheme. you can go for regular scheme.

2 Like

Pankaj Rawat (GST Practitioner) (55062 Points)
Replied 22 October 2018

Composit dealer cannot provide services except Resturant services, and as the activities you have mention cover under supply of services , hence you cannot opt for composition scheme

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Tarun (Asst.) (73 Points)
Replied 23 October 2018

Thanks a lot Dhirajlal Sir, Vinod Sir and Pankaj Sir for your precious advice. Pls also clarify if we can see that in gst act for final assurance... Thanks in anticipation..

1 Like