PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 19 June 2017
But there is no advantage for you.
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 19 June 2017
Composition Scheme is availale only if your turnover More than 20 Lakh but not exceed 75 Lakh..
So answer is No...
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 19 June 2017
But if you registering voluntarily, that means you are not liable to get registered.Your liability will arise after 20Lacs limit. But if you are not liable, yes you can register in composite scheme.
CAclubindia
