GST Composition

 

Composition scheme in gst is beneficial for small businessman specially for Traders up to 1.5 Crores Turnover.

Pay 1% gst on total sales and complete your gst compliance.

Form cmp 08 in gst has to be filed Quarterly. 

gst composition scheme turnover limit for service providers is 50 lakhs and 10% of Turnover or 5 Lakhs as applicable.

gstr 4 annual return turnover limit, no turnver limit every composition dealer has to file Annual Return.

RCM on Composition on Rent not applicable.