Can a pest control service provider can opt for composition levy scheme
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Quick Summary
Pest control service providers can indeed opt for the composition levy scheme, provided they meet specific conditions. These include having a previous financial year turnover below Rs. 50 lakh, not supplying non-taxable goods or engaging in inter-state supplies. If they choose this scheme, they must issue a bill of supply stating 'composition taxable person', cannot charge tax, and cannot claim input tax credit, though they must pay normal tax for reverse charge supplies.
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.