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Composition Scheme for Local Cable TV Operator

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Can i Cable Operator with Annual Turnover under 20 Lakhs

Opt for Composition Scheme ?

 

Please help tomorrow is the last day !

Replies (5)
Yes ..... in term of Sub Section (2A) of Section 10 of CGST Act can opt for alternative Composition scheme. Tax Rate is 6% (3% CGST +3%SGST) of turnover without ITC.

thanks alot sir for quick reply

if you can help me with what option i can select ?

as a cable tv service provider

this options come when opting

2)

3)

Select 3rd option.

SORRY PANKAJ SIR FORGOT TO INCLUDE THIS HOPE YOU ANSWER MY LAST QUESTION

SUPPOSE CUSTOMER SELECTS 2 CHANNELS

SO BILL IS SET  AS DEFAULT SET BY GOVT

130 FOR FREE TO AIR CHANNELS

20 RS NETWORK CAPACITY FEE

 PLUS ZEE TV RS 19 + SET MUX RS 17

18 PERCENT TAX ON THIS :-33 RS 48 PAISE

TOTAL BILL COLLECTED :- 219 POINT 48 PAISE

SO I SHOULD PAY COMPOSITION TAX OF 6 % OF 219 .28 PAISE?

THATS IS 13 RS AND 16 PAISE? RIGHT?

 

NOTE:- 18 % TAX ON CHANNEL AMOUNT RS 19 + 17 THAT IS 6 RS 48 PAISE AND FOR  FREE TO AIR OF 130 MSO TAKES 40 SO FOR 40 RS RS.7 AND 20 PAIS IS CUT FROM  OUR ACCOUNT WHEN WE RECHARGE MONTHLY PACK OF CUSTOMER!

 

 

 

Yes correct need to charge 6% on 219/- the bill which you raised to customer.

Now what MSO share on this is hardly matter . Deducted amount by MSO , the MSO must be giving bill to you for the same.


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