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Composition scheme
Is turnover for composition scheme under GST is calculated on state based or calculated on all india basis?
Replies (5)
It's calculated on all India basis.
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?
If you have a Two GST number, one for Maharashtra and other for Mizoram with same PAN...than limit is 75 Lakhs.
Thank you very much
Most welcome 😊
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