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
- Due date of ITR for Option Trader
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
Related Topics
CAclubindia
