Menu
Composite scheme
PS laser cutting business can option for composite scheme
Replies (5)
Are you making any Interstate Supply ?.
Yes i want to know
If you making sale out of state or Interstate then composition scheme is not available ,as per notification 2 dated 7/3/2019 .
Within state sells?
Yes you can opt for composition.
As you are providing services , In term of Section 10(2A) of CGST Act you can opt for composition scheme if your aggregate turnover in Preceding FY does not exceed 50lac & reguired to Pay GST @ 6% on turnover without ITC .
As you are providing services , In term of Section 10(2A) of CGST Act you can opt for composition scheme if your aggregate turnover in Preceding FY does not exceed 50lac & reguired to Pay GST @ 6% on turnover without ITC .
Recent Topic
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
Related Topics
CAclubindia
