Service provider under gst

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252 Points Posted on 26 August 2020
Sir kya small service provider gst me composition scheme le sakta hai agar le sakta hai to kis rate se tax pay karega
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On 26 August 2020 at 08:35 Report
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Quick Summary
Small service providers with an annual turnover below ₹20 lakh (or ₹10 lakh in North-Eastern states) are not required to register for GST. However, if they do register, those with a turnover under ₹50 lakh can opt for the GST composition scheme. This allows them to pay tax at a reduced rate of 6%, subject to specific conditions outlined in Section 10(2A) of the CGST Act, 2017.

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Tax and Business Consultant
11616 Points Posted on 26 August 2020
If Small services provider Having turnover less than 20 lakh (10 lakh for North-eastern state) is not required to take GST registration.

But if GST registration is taken than also, He can opt for composition Scheme if turnover of service provider is less than 50 lakhs @ 6% composition rate subject to conditions as prescribed u/s 10(2A) of CGST Act, 2017.
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On 26 August 2020 at 09:32
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252 Points Posted on 26 August 2020
Thanku sir
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On 26 August 2020 at 09:35
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Tax and Business Consultant
11616 Points Posted on 30 August 2020
Welcome.........
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On 30 August 2020 at 08:42
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252 Points Posted on 30 August 2020
Sagar sir please give me your any contact number please sir
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On 30 August 2020 at 09:27

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