महत्वपूर्ण सवाल और जवाब– (कम्पोजीशन स्कीम) प्रश्न 1 :- राज्य के बाहर माल बेचने वाले क्या कम्पोजीशन स्कीम का लाभ ले सकेंगे ? उत्तर: -जो डीलर्स एक राज्य से दूसरे राज्य में माल बेचते है वे भी कम्पोजीशन स्कीम का लाभ नहीं ले सकेंगे । प्रश्न 2 :- क्या कम्पोजीशन स्कीम का लाभ […]
Availability of Composition Scheme to Works Contractors Simply put, a works contract is essentially a contract of service which may also involve supply of goods in the execution of the contract. It is basically a composite supply of both services and goods, with the service element being dominant in the contract between parties. In a […]
The Turnover Limit for the Composition Levy The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rupees 1 crore but after 7th March, 2019 the limit has increased the threshold limit of aggregate turnover for availing Composition Scheme under Section 10 of the Central Goods […]
Third Amendment, 2019 to the CGST Rules In exercise of the powers conferred by section 148 of the CGST Act, 2017, the Central Government, on the recommendations of the GST Council, hereby notifies the registered persons paying tax under the provisions of section 10 of the CGST Act or by availing the benefit of notification […]
जीएसटी कम्पोजिशन स्कीम (GST Composition Scheme )
Composition Scheme Under GST Composition Scheme Under GST The Indian Govt. wants to roll out The Historic Goods and Service Tax regime of business compliance in India- From- July 1, 2017, Large Organizations have the requisite resources and expertise to address these requirements. On the other side, many startups and Small Enterprises may struggle to […]
