Mobile and tv recharge retailers

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1 Points Posted on 12 July 2017

Sir, 

Ours is a small retail shop. We sell homeappliance, Mobile & TV recharges etc. Our turnover of Home appliances is approximately 20 lakhs per year and Mobile & TV recharges are 30 lakhs approximately. Can we go for composition scheme ? Whether composition scheme is applicable for mobile recharges ?

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On 12 July 2017 at 15:18 Report
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Partner associate at Hiregange & Associa
1279 Points Posted on 12 July 2017

Dear Netizen,

Composition is not applicable for service providers

However composition limit increase from 50 lakhs to 75 lakhs

 

9620116162

venkat @ hiregange.com

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On 12 July 2017 at 15:26

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