Tag archives for composition scheme in gst
Threshold for Composition Scheme hiked to Rs 2 Crore and tax rate uniformed to 1 percent
GST Council decides to raise composition scheme threshold to Rs 2 crore. Currently, the threshold has been hiked to Rs Crore with the highest possible threshold amount being capped at…
What is the last date for filing Return by person registered under Composition Scheme
Taxpayers registered under composition scheme in GST have been continuously raising query regarding the last date of filing GSTR-4. Answer - As per Section 39(2) of Central Goods and Services…
ANALYSIS OF PROPOSED AMENDMENTS IN COMPOSITION SCHEME IN GST COUNCIL MEETING
By CA Parampreet Khurana The GST Council in its the 22nd meeting held on 6 October 2017 has brought in necessary changes in its composition scheme. The Government has extended…
Facility to opt out from composition scheme enabled
It has been announced by GSTN that now the facility to opt out from composition scheme has been made available on the common portal. So taxpayers waiting to opt-out can…
Composition Scheme
Big organizations are finding new avenues and interpretations in the Goods and Service Tax (GST) regime to plan their tax liability to their benefit. GST is expected to ease the…