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Service provider registration under gst composition scheme
can service provider get registration under gst composition scheme
Replies (5)
Quick Summary
Yes, w.e.f. 01.04.2019, a Service Provider having turnover of less than 50 Lakhs can register under Composition Scheme.
Thanks
Thanks
Can please tell us the notification no?
Notification No. 02/2019 C.T. (Rate) dtd. 07.03.2019
It's sub Section ( 2A) of Section 10 of CGST Act inserted vide Finance (No.2) Act ,2019 & Notified vide Notification 2/2019 CT (r)
Note : Rate of GST is 6% on turnover for this Scheme
Note : Rate of GST is 6% on turnover for this Scheme
Yes the rate is 6% of the turnover.
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