Gst rate for composite dealers

One of my friend is ophthalmologist and he is having eye care. He also sell the spectacles under regular GST scheme. He wants to know..

1. What is rate of GST?

2. What is limit for composite scheme?

3. Can he convert regular to scheme mid year of FY?

Replies (6)

Any Inter-state Sale ?.   

No. there is a inter state purchase.

1)     GST rate                                                                cgst                      sgst                            Total 

   Manufacturer  & Traders                                         0.5 %                     0.5  %                         1 %

  Restaurants not  serving  alcohol                              2.5  %                    2.5%                           5% 

  Others  service  provider's                                         3%                          3%                             6% 

 

2)  1) Limit  is 1.5  crore  (subject  to conditions ) 

      2) For  other service providers 50 lacs  (subject to conditions) 

 

3)  You can  not  opt  composition scheme in  mid  year . 

 

please confirm with others also. 

 

 

https://cleartax.in/s/gst-composition-scheme  also  check out  this link  .

 

Also Please refer on CBIC web site /  GST /  Notification 2  /2019- (central  Tax rate ) dt  7th march 2019  -composition scheme for Service provider . 

If he opt for composition scheme, He can still buy goods from out side the state? 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details