I am a service provider to real estate sector as a petty contractor. My turnover is more than 20 Lacs and less than 1 Crore. Can O opt for composition scheme ???
Replies (3)
Quick Summary
This discussion clarifies whether a service provider with a turnover between 20 Lakhs and 1 Crore can opt for the GST composition scheme. While the general threshold for service providers is 50 Lakhs, specific conditions and notifications, such as Notification 2/2019 CT(Rate), must be met. It's advised to check these additional requirements to confirm eligibility.