CA Student
15932 Points
Posted on 10 August 2017
Composition scheme would become applicable for all the business verticals having separate registrations within the State and all other registrations outside the State which are held by the person with same PAN.
To clarify further, if a taxable person has multiple business verticals and if he has opted for separate registrations for each such vertical, composition scheme would become applicable for all the business verticals and it cannot be applied for select verticals only.
Refer proviso to Sec. 10(2) of the CGST Act, 2017.