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.
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.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
