sir, my uncle doing services for tailoring garments only. now turnover 28 lakhs around, so I am eligible the new composition scheme, recently gst council announced 50 lacks at 6 percent?
what is gst applicable services limit ?
clarify sir
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GST composition scheme
Replies (10)
The new composition scheme for service provider will be applicable from 1.04.19.
Under Composition scheme for service provider, limit is 50 lakhs with tax rate of 6%.
Rightly suggested by Ms. Sarita
Agree with Sarita Ma'am..
The Composition Scheme for the Service Sector will be applicable from 01.04.2019 and only those service providers will be eligible whose aggregate turnover is upto Rs. 50 lakhs.
Applicable GST Rate : 6%
The Composition Scheme for the Service Sector will be applicable from 01.04.2019 and only those service providers will be eligible whose aggregate turnover is upto Rs. 50 lakhs.
Applicable GST Rate : 6%
sir..can u advice if photo copy shop can take composition scheme.. turnover abut 15 lacs...n what is threshold for this service of photocopy n printing service business
you can take composition scheme,
Limit is 20 Lacs
Limit is 20 Lacs
Wait for Notification to issue..
Yes...
Wait for the Notification
Wait for the Notification
suppose doing business services and sale of goods, is it eligible for composition scheme 50 lack @ 6 percent sir
Sir if i am running a restaurant business and turnover is upto 36 lacs can i avail Composite scheme @ 6%?
yes you can.... but at present the rate is 5%
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