composition dealer can have rental income?
Sejal Golecha (49 Points)
02 October 20182)is there any way by which I can transfer the rental income to my wife without transfer of property
Sejal Golecha (49 Points)
02 October 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160342 Points)
Replied 02 October 2018
1. You will have to opt out of composition scheme.
2. No ..
Sejal Golecha
(49 Points)
Replied 07 December 2018
Madhvi kashyapa
(student)
(280 Points)
Replied 24 April 2019
It is amendment in GST act, that from 01.02.2019, composition dealer can supply services upto 10% of the aggregate supplies, or upto Rs.5 lakhs maximum.
From 01.04.2019 composition dealers are allowed to supply services or mixed supply of services with goods at 6% GST, but upto maximum 50 lakhs limit.
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