composition scheme

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20 Points Posted on 21 July 2018
composition scheme is applicable up to which amount for taking it..
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On 21 July 2018 at 20:42 Report
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Intern
20 Points Posted on 21 July 2018
As of today composition scheme is applicable to assess having turnover upto ₹ 1.00 cr, but GST council has recommended to extend the turnover limit upto ₹ 1.5 cr.
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On 21 July 2018 at 20:55
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20 Points Posted on 21 July 2018
what is the turnover limit of Composition Dealer in Assam
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On 21 July 2018 at 20:56
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Student
20 Points Posted on 21 July 2018
Turnover limit to opt Composition Scheme in Assam is ₹ 75 lakhs...
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On 21 July 2018 at 22:34
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20 Points Posted on 22 July 2018
Yes, Turnover limit to opt Composition Scheme in Assam is Rs 75 lakhs.

Increment from INR 50 lakhs to 75 lakhs: 

In this context, the Central Government vide Notification No. 8/2017- Central Tax dated 27th June, 2017 by evoking the power under the aforesaid section has increased this limit to INR 75,00,000/-. 
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On 22 July 2018 at 00:11

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