Composition Scheme

249 views
User Avatar

ACCOUNTANT BY PROFESSION
35 Points Posted on 08 April 2021
Hi

Can immigration consultancy business & IELTS coaching institute otp composition scheme under GST.

TIA.
0 Reply Share Follow
On 08 April 2021 at 16:18 Report
Replies (6)
Quick Summary
This discussion clarifies whether immigration consultancies and IELTS coaching institutes can opt for the GST composition scheme. The consensus is yes, with a tax rate of 6%. However, businesses choosing this scheme cannot claim Input Tax Credit (ITC).

User Avatar

2742 Points Posted on 08 April 2021

Yes, service provider can opt for the composition scheme. In that case tax rate is 6% 

Reply
On 08 April 2021 at 16:44
User Avatar

Tax consultant
552 Points Posted on 08 April 2021
Without itc
Reply
On 08 April 2021 at 17:06
User Avatar

2742 Points Posted on 08 April 2021
Agree with you, composition dealer can't take the ITC.
Reply
On 08 April 2021 at 17:08
User Avatar

Tax consultant
552 Points Posted on 08 April 2021
Yes cannot take ITC
Reply
On 08 April 2021 at 17:11
User Avatar

accountant gstp
45 Points Posted on 09 April 2021
Yes but without itc
Reply
On 09 April 2021 at 21:32
User Avatar

Chartered Accountant
24588 Points Posted on 11 April 2021
ITC should not be taken
Reply
On 11 April 2021 at 06:06

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. TDS u/s 194Q on electricity supply by DHBVN etc.
  2. Subject: Can I Apply for Fresh GST Registration on
  3. Additional place in GST RC
  4. Company 3 months old, INC-20A not filed, all 3 of
  5. How do I choose the Best GST Lawyers in New Delhi
  6. Loss on sale of residential flat after indexing al
  7. Short Deduction
  8. Large mismatch between AIS Business Receipts and G
  9. Income tax on Australian Stipendiary Steward on 3
  10. INCOME TAX SECTION 92E

More recent discussions | Post

Related Topics :

Loading