Printing Press Dealers for example ( Wediing card.visiting card.extra extra)
kya composition Scheme le sakte hai kya
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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.
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