Menu
COMPOSITION levy SCHEME for service provider
Can a pest control service provider can opt for composition levy scheme
Replies (3)
Quick Summary
Yes, pest control service provider can opt but there is some conditions
1. The supplier of service must have a turnover of less than Rs. 50 lakh in the previous financial year.
2. The supplier should not be supplying non-taxable goods.
3. The supplier should not be engaged in making inter-state supplies.
4. The supplier must issue a bill of supply instead of a tax invoice.
5. The supplier must mention the words ‘composition taxable person’ on the bill of supply.
6. The supplier cannot charge and collect tax from the customer.
7. The supplier cannot claim the input tax credit.
8. The supplier must pay normal tax for reverse charge supplies.
1. The supplier of service must have a turnover of less than Rs. 50 lakh in the previous financial year.
2. The supplier should not be supplying non-taxable goods.
3. The supplier should not be engaged in making inter-state supplies.
4. The supplier must issue a bill of supply instead of a tax invoice.
5. The supplier must mention the words ‘composition taxable person’ on the bill of supply.
6. The supplier cannot charge and collect tax from the customer.
7. The supplier cannot claim the input tax credit.
8. The supplier must pay normal tax for reverse charge supplies.
A registered taxable person can issue tax invoice irrespective of the nature of assesse.
Yes he can
Recent Topics :
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
- Query - Section 164(2)(a) – Interpretation o
- Submission for Expert Opinion on Rectification of
- NRI since March 2023 – resident savings acco
- My All-Time Top 15 Indian Web Series
- Wrong date of invoice
- Paper 6 - IBS
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
Related Topics :
CAclubindia
