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Opt composition scheme
Is any service provider can opt composition scheme?
Replies (5)
No benefit is given to the service providers but there is an exception to restaurant service providers who is providing services and **AGGREGATE TURNOVER ** does not exceed 75 lakh in the preceding financial year then he is entitled to opt for composition scheme.
limit has been increased to 1.5 crore
Thank you Mr.nisar Ahmad
In GST council 23rd meeting held on 10thnov increased t.o to 1.5 cr.
limit will be increased to 2 crore but in phased manner as govt said
Yes correct but for eligibility annul t.o 1.5 cr
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