Composition Scheme, under GST, is the scheme where person whose turnover is upto Rs 1.5 Crore can apply to this scheme where by paying Just 1% of turnover as GST, he can relive himself from burdonsome procedure of Maintainig proper Books of Accounts & Filing GST return every month. Also dealer opting composition Scheme pay 1% Gst of its Quaterely turnover which is lesser than Regular Taxpayers.
Post Views: 58 The composition scheme for small service providers gives an option to taxpayers rendering services (or mixed Suppliers) … Read more Composition Scheme for Service Providers
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