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composition scheme
I am doing computer sales andr services. I registered under norma taxpayer in gst. I want to change it composition levy scheme. If I change it to how much percentage tax I have to pay and collect from customer. right now I am collecting 18% and 28%. Please tell me the details
Replies (1)
Taxpayers registered under the GST Composition Scheme can now supply services with a taxable value of upto Rs.5 lakhs per annum. This provision will immensely help small computer shop operators and dealers involved in providing services along with sales of product. (Intrastate only)
They cannot charge anything from their customers, but have to pay 1% (0.5% SGST & CGST each) over total taxable turnover.....
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