Tag archives for composition scheme under 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…
Recommendations made by the GST Council in its 22nd Meeting held
The GST Council, in its 22nd Meeting which was held today in the national capital under Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley has recommended…
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…