Menu
tifin service provide and provision store under same composition scheme
can anyone suggest that my one client have general store already registered under composition scheme and now provide tifin service to one company who want gst bills also about this tifin service so my client issue a bill regularly in same composition bill book should I suggest him to register another registration or discontinue composition scheme
Replies (2)
Hello,
Under GST Composition Scheme, one can render service upto 10% of sales of Goods under Composition Scheme, however, such service should be related to such business.
In your case, it would be preferable to take a separate registration for Tiffin Business, from 01-04-2019, you can go with Composition Scheme for Service Providers where you have to pay 6% GST without any ITC benefit or you can take regular registration.
Thanks!!
thank u very much sir
Recent Topic
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
- Form 103 id delayed for submission for more than 1
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
Related Topics
CAclubindia
