Menu
Threshold limit for Composition scheme
What are the present threshold limits for Manufacturers and Service providers under Composition levy?
Replies (4)
50 lakhs.
But some for Manufacturers 1.5 crores given in some books
Yes, that is only for manufactures & goods traders, not for service providers.
Threshold Limit for Composition Scheme :
1). Manufacturers :- Rs. 1.5 Crore.
2). Traders of Goods :- Rs. 1.5 Crore.
3). Service Provider :- Rs. 50 lakhs.
1). Manufacturers :- Rs. 1.5 Crore.
2). Traders of Goods :- Rs. 1.5 Crore.
3). Service Provider :- Rs. 50 lakhs.
Recent Topics :
- Query - Section 164(2)(a) – Interpretation o
- Submission for Expert Opinion on Rectification of
- NRI since March 2023 – resident savings acco
- My All-Time Top 15 Indian Web Series
- Wrong date of invoice
- Paper 6 - IBS
- Chhath Puja 2026 Dates Timing Tithi
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
Related Topics :
CAclubindia
