If a composition dealer received rent from godown, is he has to
opt out from composition scheme if not than rate of GST on rate ?
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Composition scheme
Replies (5)
yes he has to opt out
Better to Opt Out from composition scheme if The dealer get any service (rent) income...
Yes, a composition dealer has to opt out of composition scheme if he has income from services also.
In the last GST council meeting it was also held that a composition dealer can provide services upto Rs 5,00,000, but notification regarding this has yet to be issued.
In the last GST council meeting it was also held that a composition dealer can provide services upto Rs 5,00,000, but notification regarding this has yet to be issued.
The service exemption based on related business activities. Not for other service related activities...
composition dealer cannot supply any services better to opt for regular dealer & file CMP 04 to withdraw from scheme
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