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Threshold limit for Composition scheme

274 views 4 replies

BISWAJIT PRADHAN

243 Points Posted on 10 July 2019

What are the present threshold limits for Manufacturers and Service providers under Composition levy?

Replies (4)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

211624 Points Posted on 11 July 2019

50 lakhs.

BISWAJIT PRADHAN

243 Points Posted on 11 July 2019

But some for Manufacturers 1.5 crores given in some books

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

211624 Points Posted on 11 July 2019

Yes, that is only for manufactures & goods traders, not for service providers.

Shivam RC

Student

23688 Points Posted on 11 July 2019

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.

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