Special composition scheme for brick manufacturer. GST rate 6 without ITC or 12 with ITC.

1. The scheme is applicable from April 2022
2. You are not required to file GSTR1 , it's CMP-08 Qtly statement , the composition dealer is required to file.
3. It's 50 lac
4.Yes composition dealer is also registered dealer cannot issue tax invoice , need to issue bill of supply . Yes he can supply intrastate to registered dealer but cannot charge & collect GST (Section 10(2A)(4)).

Actually I think you are mixing the composition scheme with regular scheme without ITC .
The Brick manufacturer can Opt for :
1. Special Composition Scheme with threshold limit of 50 lac (Refer Notification 4/2022 CT )
2. Can Opt for Regular Scheme with Concessional Rate 6% GST without ITC (Refer Notification 2/2022 CT)

3. Can opt for Regular scheme with GST rate of 12% with ITC (Refer Notification 1/2022 CT (r))

Note : Threshold limit to obtain registration is 20 lac & to opt for composition scheme , the limit is 50 lac 

What about, if a brick manufacturer having to turnover limit is above 1.8 cr and opt for regular scheme of 6% GST without ITC. which return is required for him to file.

Pankaj Ji,

If brick manufacturer goes for 6 % in regular scheme without itc, then whether purchaser would get input of ITC

Thanks for your valuable concern. please let me know, if brick manufacturer opt for 6% GST (without ITC)in regular scheme, then which return is required to file. because 6% tab is not available in gstr1.

Need to file GSTR 1 .... it's time to file GSTR 1 for April-22 , portal also take time for updation

Pankaj Ji, please tell,  If brick manufacturer goes for 6 % in regular scheme without itc, then whether purchaser would get input of ITC

 

There is not any restriction to avail ITC on such transaction.

No ... only if purchaser is re-selling it & charging 12 % then only he can claim ITC

Hello sir, my question is if i am able to collect tax at concessional rate then why compotion option is give. If i opt for 6% whether i have to go for composition or i can go for regular registration??