GST for Govt sub contractor

chandan Tiwari (Student CA IPC / IPCC) (214 Points)

06 February 2023

I am government sub contractor. Cab I opt for GST composition scheme ??

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3 Replies

sabyasachi mukherjee (27835 Points)
Replied 06 February 2023

Yes you can opt provided your contract is with material and labour but you cannot take input tax credit.

chandan Tiwari (Student CA IPC / IPCC) (214 Points)
Replied 06 February 2023

Is any turnover limit ??

CA Rashmi Gandhi (Chartered Accountant) (86500 Points)
Replied 07 February 2023

Yes you can upto limit of Rs.1.5 crores.

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