One person is providing Services to the builder for Plaster, Wall Preparation without any goods. All goods are used in the providing services is owned by Builder/Developer. And the total turn over of this person is Less than 50Lacs. Hence, this person can opt composition scheme under GST as only service provider.
Menu
Servise provider to Buider can opt composition under GST as servise provider
Replies (1)
Yes, this could be covered under the 6% composition scheme. As even builders will generally not be eligible for credit this option may seem viable. Tax cannot be collected from builder, has to be paid on turnover.
Recent Threads
- Indemnity bond notarization for Income Tax (NRI ou
- GST - RCM - for Commercial Building Rent
- Exemption from Penalty for delayed Board meeting
- TDS ON PROFESSIONAL FEES IN NON AUDIT CASE
- Penalty are applicable on short payment of GST
- Closing Stock111
- INVOCIE GENERATED FROM ONE COMPANY AND EWAY BILL G
- Ineligible itc under section 16(4) & itc restr
- Itc on when mixed sales percent in hospitality
- Apply for GST registration while working in MNC
Related Threads
CAclubindia
