what's the present turnover limit to get registered as a composition dealer
what's the present turnover limit to get registered as a composition dealer
Dear Sir,
1. 23rd GST Council Meeting was held on 10th Nov, 2017. In that meeting, there was a proposal to increase the threshold limit of Composition Scheme from 1 Cr. to 1.5 Cr. But the fact is, proposal is not turned into act till now.
2. Hence, the current composition limit is One Crore.
3. The limit is Rs. 75 Lakhs for States of Norther Eastern and Himachal Pradesh..
Thanks
Yes... I agreed to Mr. CA Khalandar...
In current scenario the limit is 1 cr / 75 l.....
CAclubindia
