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Departmental General Stores under GST

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pls explain for regn. of departmental stores under shal we choose regular or composition which is better..

if we go under regular can we avail ITC like other biz.

if under composition is it .5 & .5 or 2.5 & 2.5
pls explain..
Replies (5)
Pls explain for regn. of departmental stores under shal we choose regular or composition which is better..

-- for registration details Better to google the same and discuss Your colleagues... and choose as per your needs. As per my view Composition is better.


if we go under regular can we avail ITC like other biz.

-- Yes. You can avail ITC as per ITC rules.


if under composition is it .5 & .5 or 2.5 & 2.5

-- It's 1 % as 0.5% & 0.5%





pls explain
Noted with many thanks...
You are welcome
I think for departmental store in term of huge supply , to registered as regular taxpayer will be beneficial.



Note : Composition scheme is good where the volume of sale is not much & the profit margin is much higher
Okay Sir... Thanks for your valuable feedback...


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