Composition Scheme for Services and Mixed Suppliers: A Composition Scheme shall be made available for Suppliers of Services (or Mixed Suppliers) with a tax rate of 6% (3% CGST + 3% SGST) having an Annual Turnover in preceding Financial Year upto Rs 50 lakhs.
it's applicable for all taxpayer or not??
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TAX RATE 6%
Replies (3)
Yes, for service providers opted for composite supply.
Applicable only for service provider
right ?
right ?
Yes, includes mixed supply having principal service component..
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