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composition scheme
what is composition scheme ?
Replies (2)
In simple terms,It is for small scale Businessmen whose turnover is less than 1 crore or 75 lacs in some cases.
Gst rates will be 1-5% depending on type and credit will not be given nor taken from the purchases made from composition dealer
Dear Mr.Pankaj Singh
Pls refer below article to get complete idea on Composition Scheme
https://www.google.co.in/url?sa=t&source=web&rct=j&url=https://cleartax.in/s/composition-scheme-under-gst&ved=0ahUKEwiNyaLZx9jXAhUkSo8KHU-hCPIQFggmMAA&usg=AOvVaw1qZPLg94snDvM6v6JFoYgg
Regards.
Vinay Reddy
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Pls refer below article to get complete idea on Composition Scheme
https://www.google.co.in/url?sa=t&source=web&rct=j&url=https://cleartax.in/s/composition-scheme-under-gst&ved=0ahUKEwiNyaLZx9jXAhUkSo8KHU-hCPIQFggmMAA&usg=AOvVaw1qZPLg94snDvM6v6JFoYgg
Regards.
Vinay Reddy
like & follow to stay connected
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