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Gst rate composition
gst rate? for composition service provider ?
Replies (4)
Quick Summary
1 % of total sale
some case in 2 %
some case in 2 %
Gst rate in IGST @ 1% and CGST & SGST respectively 0.5% , in case your are under opt scheme under notification 2/2019 than tax rate is 6%
The composition scheme for service providers gives an option to taxpayers rendering services having aggregate annual turnover up to Rs. 50 lakh.
Service providers opting for the composition scheme can charge a lower tax rate of 6%
GST Rate for Composition Scheme dealers engaged in providing EXCLUSIVE SUPPLY OF SERVICES is 6%.
CGST @ 3%
SGST @ 3%
CGST @ 3%
SGST @ 3%
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