{"id":5441,"date":"2019-01-08T12:01:45","date_gmt":"2019-01-08T06:31:45","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=5441"},"modified":"2023-05-18T22:20:50","modified_gmt":"2023-05-18T16:50:50","slug":"gst-guidance-on-gst-composition-scheme","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/","title":{"rendered":"GST Guidance on GST composition scheme"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69ebda122407d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69ebda122407d\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#GST_Guidance_on_GST_composition_scheme\" title=\"GST Guidance on GST composition scheme\">GST Guidance on GST composition scheme<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#GST_Composition_Scheme\" title=\"GST Composition Scheme\">GST Composition Scheme<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#Applicability_of_the_GST_Composition_Scheme\" title=\"Applicability of the GST Composition Scheme.\">Applicability of the GST Composition Scheme.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#Conditions_on_GST_Composition_Scheme\" title=\"Conditions on GST Composition Scheme.\">Conditions on GST Composition Scheme.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#Rate_of_levy_on_GST_Composition_Scheme\" title=\"Rate of levy on GST Composition Scheme.\">Rate of levy on GST Composition Scheme.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#Return_of_GST_and_Payment_on_composition_scheme\" title=\"Return of GST and Payment on composition scheme :\u00a0\">Return of GST and Payment on composition scheme :\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#Drawbacks_of_the_GST_Composition_Scheme\" title=\"Drawbacks of the GST Composition Scheme.\">Drawbacks of the GST Composition Scheme.<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#More_read_Key_points_of_42nd_GST_council_Meeting_headed_By_FM_N_Sitharaman\" title=\"More read Key points of 42nd GST council Meeting headed By FM N. Sitharaman\">More read Key points of 42nd GST council Meeting headed By FM N. Sitharaman<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#More_read_GST_Return_compliances_calendar-_Nov_2020\" title=\"More read: GST Return compliances calendar- Nov 2020\">More read: GST Return compliances calendar- Nov 2020<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#GST_composition_scheme_not_allowed\" title=\"GST composition scheme not allowed:\">GST composition scheme not allowed:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#Kind_of_form_applicable_for_GST_composition_scheme\" title=\"Kind of form applicable for GST composition scheme\">Kind of form applicable for GST composition scheme<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/carajput.com\/blog\/gst-guidance-on-gst-composition-scheme\/#Concluding\" title=\"Concluding :\u00a0\">Concluding :\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-8637\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/11\/images.jpg\" alt=\"www.carajput.com; GST UPDATE\" width=\"857\" height=\"570\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"GST_Guidance_on_GST_composition_scheme\"><\/span><span style=\"color: #000080;\">GST Guidance on GST composition scheme<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"GST_Composition_Scheme\"><\/span><span style=\"color: #000080;\">GST Composition Scheme<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table width=\"803\">\n<tbody>\n<tr>\n<td width=\"123\"><span style=\"color: #000080;\"><strong>Particulars<\/strong><\/span><\/td>\n<td width=\"302\"><span style=\"color: #000080;\"><strong>Supply of services [Section 10(2A)]<\/strong><\/span><\/td>\n<td width=\"378\"><span style=\"color: #000080;\"><strong>Supply of goods [Section 10(1)]<\/strong><\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"123\">\n<h3><span class=\"ez-toc-section\" id=\"Applicability_of_the_GST_Composition_Scheme\"><\/span><span style=\"color: #000080;\">Applicability of the GST Composition Scheme.<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/td>\n<td width=\"302\">\u00a0 Whose aggregate turnover in the preceding FY did not exceed Fifty lakhs<\/p>\n<p>\u00d8\u00a0 Registered persons who are not eligible as mentioned in the left column.<\/td>\n<td width=\"378\">\u00d8\u00a0 The value of services (other than restaurant services) should not exceed 10 percent of turnover in the state or UT in the preceding FY or R d Fifty Lakhs, whichever is higher.<\/p>\n<p>\u00d8\u00a0 A registered person whose aggregate turnover did not exceed Rs. 1.5 Crores (Rs. 75 Lakhs for special category states) in the preceding financial year may opt for composition.<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"123\">\n<h3><span class=\"ez-toc-section\" id=\"Conditions_on_GST_Composition_Scheme\"><\/span><span style=\"color: #000080;\">Conditions on GST Composition Scheme.<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/td>\n<td width=\"302\">\u00d8\u00a0 N. A<\/p>\n<p>\u00d8\u00a0 Not engaged in the supply of goods or services which are not liveable to tax under this Act.<\/p>\n<p>\u00d8\u00a0 Neither a casual taxable person not a non-resident taxable person.<\/p>\n<p>\u00d8\u00a0 Not engaged in making any inter-state supply<\/p>\n<p>\u00d8\u00a0 Not engaged in making any supply through e-com operator who is required to collect tax at source<\/p>\n<p>\u00d8\u00a0 Not a manufacturer of goods as may be notified by the Govt.<\/td>\n<td width=\"378\">\u00d8\u00a0 Should not be engaged in the supply of services (see exception above).<\/p>\n<p>\u00d8\u00a0 Not a manufacturer of goods as may be notified by the Govt.<\/p>\n<p>\u00d8\u00a0 He is neither a casual taxable person nor a non-resident taxable person.<\/p>\n<p>\u00d8\u00a0 Not engaged in the supply of goods which are not liveable to tax<\/p>\n<p>\u00d8\u00a0 Not engaged in making any inter-state outward supply of goods<\/p>\n<p>\u00d8\u00a0 Not engaged in making any supply of goods through an e-com operator who is required to collect tax at source.<\/td>\n<\/tr>\n<tr>\n<td width=\"123\">\n<h3><span class=\"ez-toc-section\" id=\"Rate_of_levy_on_GST_Composition_Scheme\"><\/span><span style=\"color: #000080;\">Rate of levy on GST Composition Scheme.<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/td>\n<td width=\"302\">\u00d8\u00a0 6% of turnover in the State or UT.<\/td>\n<td width=\"378\">\u00d8\u00a0 Manufacturers \u2013 1% of turnover in state or UT.<\/p>\n<p>\u00d8\u00a0 Other suppliers \u2013 1% of the turnover of <strong>taxable supplies<\/strong> in-state or UT<\/p>\n<p>\u00d8\u00a0 Persons engaged in making supplies referred to in clause (b) of paragraph 6 of Schedule II (restaurant services) \u2013 5% of turnover in state or UT.<\/td>\n<\/tr>\n<tr>\n<td width=\"123\"><span style=\"color: #000080;\"><strong>Reverse charge GST Composition Scheme<\/strong><\/span><\/td>\n<td width=\"302\">\u00d8\u00a0 Reverse charge as mentioned in section\u00a0 9 (3) and (4) is applicable to GST Composition Scheme<\/td>\n<td width=\"378\">\u00d8\u00a0 Reverse charge as mentioned in section 9 (3) and (4) is applicable to composition dealer.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Return_of_GST_and_Payment_on_composition_scheme\"><\/span><span style=\"color: #000080;\">Return of GST and Payment on composition scheme :\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Persons in the composition scheme are expected to file quarterly returns and to pay GST on a quarterly basis. All other regular dealers are expected to file monthly returns and to make monthly payments as well.<\/p>\n<p>The due date for the return and also for the payment of the GST is 18 days from the end of the quarter. All quarterly returns shall be submitted in the form GSTR-4 and the particulars of the input supplies shall be available in the form GSTR-4A.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Drawbacks_of_the_GST_Composition_Scheme\"><\/span><span style=\"color: #000080;\">Drawbacks of the GST Composition Scheme.<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Although the composition of the GST is beneficial, there are a few drawbacks to the scheme that you should be informed of before registration.<\/p>\n<ul>\n<li><span style=\"color: #000080;\">No input tax credit:<\/span> B2B companies are not required to pay input tax credits on the output liability. Even the purchaser of such goods would not earn any tax credit, resulting in price distortion and cascading. As a buyer registered as a regular taxpayer does not earn any credit when buying from an individual registered under the composition scheme, this results in a loss of business. Eventually, such buyers may stop buying from a taxpayer under the scheme.<\/li>\n<li><span style=\"color: #000080;\">No tax collection:<\/span> There under the scheme, taxpayers are not entitled to recover composition tax from their customers, since they are not allowed to collect a tax invoice.<\/li>\n<li><span style=\"color: #000080;\">Restricted geography\/reach for business:<\/span> Business owners are geographically restricted, as the composition of the GST does not cover inter-state transactions.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"More_read_Key_points_of_42nd_GST_council_Meeting_headed_By_FM_N_Sitharaman\"><\/span><strong><span style=\"color: blue;\"><a href=\"https:\/\/carajput.com\/blog\/key-points-of-42th-gst-council-meeting-headed-by-fm-n-sitharaman\/\">More read Key points of 42nd GST council Meeting headed By FM N. Sitharaman<\/a><\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"More_read_GST_Return_compliances_calendar-_Nov_2020\"><\/span><strong><a href=\"https:\/\/carajput.com\/publications\/gst-complainces-calender-nov-2020.pdf\">More read: GST Return compliances calendar- Nov 2020<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<h3><span class=\"ez-toc-section\" id=\"GST_composition_scheme_not_allowed\"><\/span><span style=\"color: #000080;\">GST composition scheme not allowed:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As a taxpayer, you can opt for a scheme for the composition of the GST, ensuring that your annual turnover falls within the limits stated. It is important to remember that the GST composition cap requires turnover for all companies registered under a specific PAN. In general, the composite scheme may be used by small producers, traders, and service providers<\/p>\n<ul>\n<li>Truck operator<\/li>\n<li>Repair shop<\/li>\n<li>Machine operator<\/li>\n<li>Artisan and more<\/li>\n<li>Small manufacturing unit<\/li>\n<li>Trade\/manufacturing sector unit<\/li>\n<li>Food-service unit<\/li>\n<li>Service sector unit<\/li>\n<li>Fruit and vegetable vendor<\/li>\n<li>Shopkeeper<\/li>\n<\/ul>\n<p><strong><span style=\"color: #000080;\">Tax rates for the GST composition scheme:<\/span> <\/strong>After registration for the composition of the GST, your company turnover is subject to a fixed tax rate. Current rates shall be as follows:<\/p>\n<ul>\n<li><span style=\"color: #000080;\">For service providers:<\/span> 6 percent GST, split into 3 percent CGST, and 3 percent SGST.<\/li>\n<li><span style=\"color: #000080;\">For goods producers and traders:<\/span> 1% GST, split as 0.5% CGST and 0.5% SGST.<\/li>\n<li><span style=\"color: #000080;\">For non-alcohol restaurants:<\/span> 5% GST, split as 2.5 percent CGST and 2.5 percent SGST.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\">What is the scheme for the composition of benefits in GST?<\/span><\/p>\n<p>The key advantages of the GST composition scheme are:<\/p>\n<ul>\n<li><span style=\"color: #000080;\">Reduction of tax payments:<\/span> With the latest tax rate framework, the liability for taxpayers has declined.<\/li>\n<li><span style=\"color: #000080;\">Lower standards for compliance:<\/span> With much fewer requirements to be followed when it comes to maintaining records, taxpayers now need to file less returns and can eliminate some need to submit tax invoices.<\/li>\n<li><span style=\"color: #000080;\">Significantly raise in liquidity:<\/span> From a financial point of view, reduced tax liability through a fixed rate translates into higher levels of liquidity for the company. With far more liquidity, you can better manage your cash flow, which will help you keep your functions effectively.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Kind_of_form_applicable_for_GST_composition_scheme\"><\/span><span style=\"color: #000080;\">Kind of form applicable for <strong>GST composition scheme<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000080;\">Is a composition dealer collect the customer&#8217;s tax?<\/span><\/p>\n<p>No, a composition dealer cannot collect taxes from his clients. He&#8217;s expected to pay the same for himself.<\/p>\n<p><span style=\"color: #000080;\">Will a composition dealer liable for an Input Tax Credit (ITC)?<\/span><\/p>\n<p>The Composition Dealer cannot use the Input Tax Credit on GST transactions.<\/p>\n<p><span style=\"color: #000080;\">If a company has a number of branches, can the composition scheme refer to each branch separately?<\/span><\/p>\n<p>No no. The composition scheme would not extend to each branch separately.<\/p>\n<p><span style=\"color: #000080;\">Can an interstate dealer opt for a composition scheme?<\/span><\/p>\n<p>An inter-state dealer cannot opt for a composition scheme since it is intended exclusively for the intra-state supply of products.<\/p>\n<p><span style=\"color: #000080;\">Can a dealer opt for a composition scheme at any point throughout the year?<\/span><\/p>\n<p>No the composition dealer cannot opt for the composition scheme at any point during the year. A declaration must be made on the GST website before the start of each financial year.<\/p>\n<p><span style=\"color: #000080;\">Is a composition dealer willing to accomplish accurate records?<\/span><\/p>\n<p>A composition dealer does not need to keep comprehensive records like a regular taxpayer is expected to maintain.<\/p>\n<p><span style=\"color: #000080;\">How does a composition dealer make a bill?<\/span><\/p>\n<p>A Composition Dealer may issue a Supply Bill. It should note &#8220;Composition of a taxable individual who is not entitled to collect tax on supplies&#8221; at the top of the Supply Bill.<\/p>\n<p>More updates for related blogs :<\/p>\n<p><strong><a href=\"https:\/\/carajput.com\/learn\/salient-features-of-new-proposed-gst-system-in-india.html\">SALIENT FEATURES OF NEW GST SYSTEM IN INDIA<\/a><\/strong><\/p>\n<p><strong><a href=\"https:\/\/carajput.com\/blog\/key-points-of-42th-gst-council-meeting-headed-by-fm-n-sitharaman\/\">Key points of 42nd GST council Meeting headed By FM N. Sitharaman<\/a><\/strong><\/p>\n<p><strong><a href=\"https:\/\/carajput.com\/blog\/gstn-enable-details-to-be-auto-populated-in-e-invoice-into-gstr-1\/\"><span style=\"color: #0000ff;\">GSTN enable auto-populated in the E-invoice information into GST Return -1<\/span><\/a><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><strong><span style=\"text-decoration: underline;\">FAQ On GST :<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><strong><span style=\"text-decoration: underline;\">QUES<\/span><\/strong><span style=\"text-decoration: underline;\">.<\/span> It is envisaged that many customers may not provide the <a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/gst\/gst-consultancy.php\">GSTIN<\/a> to the Banks in time. In such cases, the Banks\/insurers would report the supply as B-to-C transactions in the returns filed by it. Later, in case the customer reverts to the GSTIN, how should this amendment be reflected?<\/span><\/p>\n<p style=\"text-align: justify;\"><strong>ANS.<\/strong>\u00a0 A transaction once reported as B2C cannot be amended later to add GSTIN and convert the transaction as B2B.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><strong>QUES.<\/strong> Is the condition to make payment for the value of supply plus the GST thereon required to be complied with by the recipient to claim the input tax credit where supplies for services are made between distinct persons?<\/span><\/p>\n<p style=\"text-align: justify;\"><strong>ANS.<\/strong> \u00a0No, this condition is not required to be complied with by the recipient. As per the proviso to sub-rule (1) of Rule 37 of the CGST Rules, 2017 the value of supplies made without consideration as specified in paragraph 2 of Schedule I of the CGST Act, 2017 shall be deemed to have been paid for the purposes of the second proviso to sub-section (2) of Section 16 of the <a href=\"https:\/\/carajput.com\/gst\/gst-consultancy.php\">CGST Act, 2017<\/a>.<\/p>\n<p><span style=\"color: #000080;\"><strong>QUES.<\/strong> For supply of taxable services, can a digitally signed invoice be issued in duplicate, with the original being marked as \u201cOriginal\u201d and the duplicate copy being marked as \u201cDuplicate\u201d?<\/span><\/p>\n<p style=\"text-align: justify;\"><strong>ANS.<\/strong> \u00a0In the context of digitally signed documents, the requirement of issuing original and duplicate invoices does not arise. A digitally signed invoice can be retained by the supplier and also be made available to the recipient.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><strong><span style=\"text-decoration: underline;\">Key Due Dates:<\/span><\/strong><\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>Return of Outward Supplies for December by Regular and Casual Suppliers having turnover more than 1.5 crore is 11\/01\/2019.<\/li>\n<li>ISD return for the month of December is 13\/01\/2019.<\/li>\n<li><a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR return<\/a> Summary return date is 20<sup>th<\/sup> January 2019.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Concluding\"><\/span><span style=\"color: #000080;\">Concluding :\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>While some flexibilities are available with regard to enforcement, records management, and payment of the tax for individuals who have opted for membership, the enrolled person should take the utmost care and examine it properly before continuing with the scheme. Prohibitions on the input tax credit, inter-state supply, etc. can have a direct effect on the business model and profitability of the organisation. It should also weigh other considerations, such as the nature of its customers \u2013 whether B2B or retail, the nature of the goods, the ratio of taxable and exempted supplies, before finalising its decision.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GST Guidance on GST composition scheme GST Composition Scheme Particulars Supply of services [Section 10(2A)] Supply of goods [Section 10(1)] Applicability of the GST Composition Scheme. \u00a0 Whose aggregate turnover in the preceding FY did not exceed Fifty lakhs \u00d8\u00a0 Registered persons who are not eligible as mentioned in the left column. \u00d8\u00a0 The value &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[6063,9478,686],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5441"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=5441"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5441\/revisions"}],"predecessor-version":[{"id":24528,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5441\/revisions\/24528"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=5441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=5441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=5441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}