I am running motar garage. In my bill service and goods both part included. Can I opt GST registration under composition scheme ???
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Quick Summary
If you run a motor garage and your bills include both services and goods, you may be eligible for the GST composition scheme. This scheme allows businesses with a turnover below £50 lakh to opt for simplified GST compliance. However, specific rules apply if your service portion exceeds 10% of your total turnover, potentially requiring a 6% GST payment.