Menu
composition or normal
I m running electronics business... which scheme I should out... composition or normal gst...?? most of the goods attract 18% gst
Replies (4)
how much do you expect your annual turnover to be?....
Yes... If Your Turn Over less than Composition scheme limit then you can avail the option.
TO is 80 lac.. tax kis mae kam padega?
If your Aggregate Turnover does not exceeds Rs.1.5 crore, then you can opt for Composition Scheme.
Since your Turnover is Rs.80 lakhs, you can opt for Composition Scheme.
But remember that you have to pay tax from your own pocket and will not be able to claim any ITC on inputs, input services and Capital Goods.
Since your Turnover is Rs.80 lakhs, you can opt for Composition Scheme.
But remember that you have to pay tax from your own pocket and will not be able to claim any ITC on inputs, input services and Capital Goods.
Recent Topic
- Which ITR form
- Form 103 id delayed for submission for more than 1
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
Related Topics
CAclubindia
