Can i opt GST Composition Scheme
A Halwai or mithai wala with selling of sweets, branded and un branded snacks can opt GST Composition Number or go with regular number ?
Replies (5)
if your annual turnover is 1cr or less than, then u can apply for composition scheme
under which tax rate 1% , 5% or 6% ?
1% rate
as per amendment Act 31 of 2018 it's 1.5 crore & effective from 1/2/2019, by Notification .2/2019. CT
Yes you can opt for Composition Scheme u/s 10 of the CGST Act 2017 provided that your Aggregate Turnover does not exceeds Rs. 1.5 crore.
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