Printing Press Dealers for example ( Wediing card.visiting card.extra extra)
kya composition Scheme le sakte hai kya
plz reply
Menu
PRINTING PRESS KYA COMPOSITION ME AA SAKTE HAI ?
Replies (3)
Quick Summary
Yes....
with some restrictions
Turnover below 50 Lacs
inter state transactions not allowed
with some restrictions
Turnover below 50 Lacs
inter state transactions not allowed
1 PERCENT LAGEGA SIR
Haan Ji
As per Sub Section 2A of Section 10 , the service provider can opt for composition scheme (Notification 2/2019 CT(r) .
But the condition for the eligibility is :
1.Cannot supply Interstate.
2. Whose aggregate turnover preceding Fy is below 50 lac.
3. Cannot supply Non taxable goods/services.
Rate of Tax Is 6% (both act) on turnover.
As per Sub Section 2A of Section 10 , the service provider can opt for composition scheme (Notification 2/2019 CT(r) .
But the condition for the eligibility is :
1.Cannot supply Interstate.
2. Whose aggregate turnover preceding Fy is below 50 lac.
3. Cannot supply Non taxable goods/services.
Rate of Tax Is 6% (both act) on turnover.
Recent Topics :
- Compliance under Society Act 1860
- Hi experts need help
- How to object stamp duty value if property is sold
- Residential House property and it's loan can shown
- Income Tax Department Website Error While Importin
- Loan & Joining bonus to new employees Chief Ma
- Income Tax NUDGE Notice – Gift of Shares fro
- Is DIR-3KYC Needed
- Looking for a study buddy intermediately Jan 2027
- How to correct a NIL GST return filed by mistake w
Related Topics :
CAclubindia
