Can I get composition scheme

if I am getting rent on property and a lodge turnover below 40 lac.
can I get composition scheme with tax rate 6%..
Replies (4)
Quick Summary
If you receive rental income from property and your turnover is below ₹40 lakh, you may be eligible for the GST composition scheme. This scheme allows for a reduced tax rate of 6%. However, businesses involved in selling or manufacturing alcohol are disqualified. Service providers can opt for the composition scheme up to ₹50 lakh turnover.

Why you want to apply for gst registration???
Yes, you can opt for the composition scheme as per Section 10(2A) of the CGST Act, 2017.

Alcohol selling and manufacturing is disqualified 

Upto Rs 50 lac compositions scheme for service providers can be opted.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details