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Composition scheme

PRINSA PRAJAPATI   17 August 2019


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1. if doctor is running homeopathic pharmacy business nd also providing doctor service. For both business nd profession maintaining seperate books of account, then
- Can he opt for composition scheme? and if yes, then
- what is rate under composition? nd - on which amount gst is payable? whether only on pharmacy income or also on doctor service income which is exempt income


Pankaj Rawat (GST Practitioner)     18 August 2019

Pankaj Rawat
GST Practitioner 
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Medicine/pharmacy income is Taxable in GST, but doctor consultancy services are exempted in term of notification 12/2017 CT (R) .

Now whether you can opt for Composition scheme or not.....

1. As per Notification 14/2019 CT .& Amendment act 31,2018, the turnover in preceding FY is less than 1.5 & can supply services upto 10% of turnover or 5lac whichever is Higher. Rate of tax is 1% on taxable turnover.

2. As per Notification 2/2019 CT (R) : the per whose Aggregate turnover in preceding FY is 50lac or below can apply for Composition scheme by paying 6% tax on taxable supply & can supply goods or services or both.

Hence can choose from above 2option .

Note : ITC is not available in both the condition


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Shivam RC (Student)     18 August 2019

Shivam RC
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You can opt for Composition Scheme for Homeopathic Pharmacy Business and pay 1% GST on your Taxable Turnover.

Note that you cannot collect GST from the customers.

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