Hi one of my client having catering business and supply of good....he wants to opt for composition ...6% will be on aggregate of supply of goods and service?
6% GST ( 3% CGST + 3% SGST ) would be applicable on the aggregate value of supply of goods and services. As per Notification No. 2/2019 - Central Tax ( Rate ), dated 07th March 2019, Persons dealing in Exclusive Supply of Services or Supply of Goods and Services ( Mixed Supplier ) can opt to pay tax @ 6% of their Aggregate Turnover under Composition Scheme provided their Annual Aggregate Turnover does not exceeds Rs. 50 lakhs in the preceding FY.
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