Composition Scheme is a simple scheme under GST for taxpayers. Small taxpayers has option to avoid various GST formalities and pay fixed rate of GST on turnover. This scheme can be opted by any taxpayer whose turnover is less than Rs. 1.5 crore.
Composition Scheme is a simple scheme under GST for taxpayers. Small taxpayers has option to avoid various GST formalities and pay fixed rate of GST on turnover. This scheme can be opted by any taxpayer whose turnover is less than Rs. 1.5 crore.