Composition scheme

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164 Points Posted on 31 July 2020
Is turnover for composition scheme under GST is calculated on state based or calculated on all india basis?
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On 31 July 2020 at 17:27 Report
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This discussion clarifies that the turnover for the GST composition scheme is calculated on an all-India basis, not state by state. It further explains that if a composition dealer has separate GST registrations in different states (e.g., Mizoram and Mumbai) under the same PAN, the turnover limit will be applied individually to each state's registration, meaning the limit would be ₹75 lakhs per state if applicable.

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Tax and Business Consultant
11616 Points Posted on 31 July 2020
It's calculated on all India basis.
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On 31 July 2020 at 17:39
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164 Points Posted on 31 July 2020
Thank you for the Information. I also have another doubt - if the composition dealer, manufacture and sell goods in mizoram and Mumbai, then what will be the turnover limit. Is it 75 lakhs or 1 crore 50 lakhs?
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On 31 July 2020 at 17:51
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Tax and Business Consultant
11616 Points Posted on 31 July 2020
If you have a Two GST number, one for Maharashtra and other for Mizoram with same PAN...than limit is 75 Lakhs.
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On 31 July 2020 at 18:14
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164 Points Posted on 31 July 2020
Thank you very much
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On 31 July 2020 at 18:21
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Tax and Business Consultant
11616 Points Posted on 02 August 2020
Most welcome 😊
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On 02 August 2020 at 00:31

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