Question ID :
38043
Composition Scheme
After the amendments in the year 2019.
1. Is the service provider other then restaurants is also eligible to opt for composition scheme?
Posted by
SK
on
Mar 22, 2019
Filed Under
GST
Yes any of the taxpayer irrespective of nature of the business . His turnover should be below the prescribed limit
Posted by
CA. BISHT RAKESH on
Mar 22, 2019
Answer ID :
76399
Yes. Other service providers can also opt for composition scheme.
Posted by
CA. chunauti dholakia on
Mar 22, 2019
Answer ID :
76402
yes.
Posted by
CA. JHA SHANKAR KUMAR on
Mar 23, 2019
Answer ID :
76420
As per the GST Council's decision the service provider whose turnover during preceding previous year does not exceed 50 lakhs may have an option to chose composition scheme with effect from 01.04.2019. However Notification in that respect not issued by the cbec till date. Till the date of issue of notification we are restrained from exercising such option.
Posted by
M.V.V.S.Narayana on
Mar 27, 2019