composition scheme

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what is composition scheme in GST, who can opt this scheme?
Replies (4)

you can opt composition scheme if your turnover is less than 1 core. you need to do file qutarly.

Composition scheme is just small relaxation for monthly payments, Monthly returns and also Some criteria...


Who can deal only goods they can avail Composition scheme. Service provider can't opt to composition scheme except restaurants business...
for example, one vendor has providing laptops for rent, can he opt to this scheme?
Originally posted by : prabakar singam
for example, one vendor has providing laptops for rent, can he opt to this scheme?

No...

He can't avail Composition Scheme...

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