One of a gst registered regular scheme dealer sales of goods and services both type of business trading.trader regular scheme conversion to composite scheme.
Doubt:
Dealer sales of goods turnover threshold limit rs1.5cr (1%tax rate )and services turnover threshold limit rs50 lacs(6%tax rate) both total turnover threshold limit of composite scheme registered dealer 1.5 cr or 2 cr(1.5 cr+50 lacs) applicable in gst act.
Frah Saeed Answered question August 17, 2020
A person cannot be registered under both the composition scheme , the criteria for being eligible for Rs 50 lakh scheme for service suppliers is that such person should not be eligible for normal composition scheme.
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Frah Saeed Answered question August 17, 2020