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Registration as a Composition dealer

Others 263 views 5 replies
what is the limit of registration as a composition dealer
Replies (5)
Are you supplying goods or providing services ?.
Goods Coconut Oil distribution
If you are supplying goods and your turn over is less than 1.5 Crore then you can opt for composition scheme , however you can not make Inter-State supply of goods and other conditions specified in act .
Thanks
Just want to add..
Currently, ‘Composition Scheme’ is available to those whose ‘aggregate turnover’ in the previous financial year did not exceed Rs. 150 lakhs. For Special Category States (Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura,) the limit is Rs 75 Lakh only. [See Notification No. 14/2019-Central Tax, dated 7-3-2019].


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