composition scheme applicability

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86 Points Joined September 2016
got a contract for supply of folders for which raw material purchased from market and by applying labour got the folders manufactured.
can I issue bill under composition scheme for supply of folders.
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On 16 May 2018 at 20:10 Report
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SEO Sai Gr. Hosp.
210662 Points Joined July 2016

Yes, You can opt for composition scheme.

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On 16 May 2018 at 20:23
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86 Points Joined September 2016
what will be gst rate
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On 16 May 2018 at 20:35
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SEO Sai Gr. Hosp.
210662 Points Joined July 2016

0.5%+0.5%..... i.e. 1%

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On 16 May 2018 at 20:39
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Student CA Final
293 Points Joined September 2012
yes 1% provided you have prescribed turnover
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On 16 May 2018 at 20:43
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86 Points Joined September 2016
will it be a maufacture. if so what is gst rate
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On 16 May 2018 at 20:45
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Student CA Final
293 Points Joined September 2012
yes it will be a manufacturer and gst rate will be 1%
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On 16 May 2018 at 20:50
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86 Points Joined September 2016
that means total tax 1+1= 2%
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On 16 May 2018 at 21:06
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Student CA Final
293 Points Joined September 2012
no 0.5 + 0.5
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On 16 May 2018 at 21:09
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86 Points Joined September 2016
thanks
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On 16 May 2018 at 21:44
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77 Points Joined July 2017
for manufacturer, rate is 2%
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On 17 May 2018 at 00:28


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