whether the service provider can get composite scheme?
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Composite scheme
Replies (16)
yes if you provide servuce less then 5 lakh
Plz send me less than 5 lakhs services allowed composition scheme notification
yes.. only restaurant ( servuce provider) has been notified under composition scheme . Rate of duty @ 5%.
refer press release 23 meeting 10 nov ... there mentioned that services not exceeding 5 lakhs per annum eligible for composition
No....
The Service Provider can't opt composition scheme....
The Service Provider can't opt composition scheme....
last reply is not in describe .... if he sold goods + service both but service not exceed 5 lakh he can take reg as composition ....
As per 23rd GST council decision as follow.,
Those supplying goods and services (services not exceeding Rs 5 lakhs in total) eligible for compositions scheme...
If a TRADER is will taken his supplied goods for service then he can opt as per above decision...
Provide services only the the Taxpayers can't opt composition scheme....
Those supplying goods and services (services not exceeding Rs 5 lakhs in total) eligible for compositions scheme...
If a TRADER is will taken his supplied goods for service then he can opt as per above decision...
Provide services only the the Taxpayers can't opt composition scheme....
Mondira Saha is correct , supply of service by composition taxpayer up to 5 lacs per annum will be allowed by exempting same -23 rd GST council metting
Can You explain Mr. Prasad Nilugal...?
No. composition scheme is not applicable to services except food services
although in council meeting it was discussed, but notification is yet to come in this regard, presently service provider can't opt for composition.
No, a supplier of services is not eligible to opt for composition scheme. However, a
supplier supplying composite supply involving supply of service or goods being food or
any other article for human consumption or any drink (other than alcoholic liquor for
human consumption) is eligible to opt for payment of taxes under composition scheme.
It may be noted that GST Council in its 23rd Meeting held at Guwahati on 10.11.2017
recommended certain changes in Composition Scheme. In this regard, CBEC Press
Release dated 10.11.2017 was issued, which inter alia provides that Supply of services
by Composition taxpayer up to Rs 5 lakh per annum will be allowed. However, No
notification has come in this regard.
Are you 100% sure about notification . I mean no notification .
Composition scheme is applicable to only to the sale of goods and not to service providers.
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