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composition scheme
can a financial service provider infact who works of documentation for loan take composition scheme?
Replies (4)
Service provider can opt for composition scheme.
Supplier of services, other than restaurant service, are not eligible for composition scheme [Section 10(2)(a) of the CGST Act].
Sorry for the typing mistake.
Service provider cant opt for composition scheme.
Agreed with Mr. Deepak.
Service provider cant opt for composition scheme.
Agreed with Mr. Deepak.
As per the Provision of SECTION 10 of CGST ACT 2017, SERVICE PROVIDER other than Restaurants are not eligible to opt for Composition Scheme.
Therefore, a Financial Service Provider can't opt for Composition Scheme u/s 10.
Therefore, a Financial Service Provider can't opt for Composition Scheme u/s 10.
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