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Can I Cable Operator opt composition scheme?
Before 31 March 19
Replies (9)
yes..... turnover should not exceed 50 lakhs......
no After 31st March only you can opt for composition scheme
u r service provider....for service provider composition scheme applicable from 1/4/19
for f.y 19-20 can we opt for composition scheme after 31st march also?....👀
yes..u can opt
No..... , The cable operators supplies cover under Services , & As per new Amendment Act 31,of 2018, The Composit Dealer can provide 10% of services turnover or 5lac whichever is Higher.
Hence , you cannot opt for Composit Scheme.
Hence , you cannot opt for Composit Scheme.
*can supply a service of value not exceeding 10% of Turnover in Preceding FY or 5lac whichever is Higher.
As per Notification 2/2019, CT , it's applicable from 1.2.2019, & As per Notification 14/2019 CT , the Limit 1.5 Crore for Composit dealer increased & it's effective from 1/4/2019.
Hence Services can be provided as per above norm from 1/2/19
no cable operator is not
sir pls clearify why cable operator can not opt composition scheme
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