在2019年1月10日举行的第32次GST理事会会议上,为了有益于商品的组合方案(Composition Scheme),使印度中小企业GST组合方案进一步发挥效用,印度政府提高了营业额上限,并将该计划扩大到包括服务提供商的范围。 新规定将于2019年4月1日起生效。 下面,我们将介绍最新的服务GST及服务税构成制度、资格标准以及企业参与的挑战...
Under GST, after registering for the composition scheme, you will be eligible to pay tax at a fixed rate of 1% - 6% of your total turnover. So, for example, if you are a manufacturer of ice cream, tobacco, or pan-masala, you are liable to pay 1 % tax based on your turnover, t...
Regular taxpayers can opt for Composition Scheme for Financial Year 2023-24 by navigating as ‘Services-> Registration-> Application to Opt for composition Levy’ and filing Form CMP-02. This facility is available on GST Portal till 31st March, 2023. ...
Composition SchemeRegular Scheme ComplianceRelaxed Compliance in order to safeguard small businessmen.Normal compliance required. Tax RateComposition taxpayers need to pay nominal GST at a fixed rate of turnover, which is normally 1-5%.Tax rate for regular taxpayers goods and services, which is from...
Services available on GST Portal - Application for Registration, Opting for Composition Scheme, Application for GST Practitioner, Opting out of Composition Scheme, Stock intimation for Composition Dealers, Filing GST Returns, Payment of GST, Claim Refund of excess GST paid, etc. ...
Accordingly, the amendment shall also be made in the UTGST Act 2017. #2. Amendment in Composition scheme The government has proposed to revise the GST Composition scheme. Following persons shall not be eligible for GST registration under Composition scheme:- Those involved in GST exempt services....
On the GST FastTab, in the GSTIN/GDI/UID field, select a value. Set the Primary option to Yes, and then select Yes to acknowledge the message that you receive. Save the record, and then select Close. On the Tax information FastTab, set the GST composition scheme option ...
To opt into the scheme, the business must file form GST CMP – 02 with the government, using the onlineGSTN portal. The indication to remain in the scheme must be made before every financial year (FY). For the FY 2019-20, the last date to apply for the composition scheme is March ...
GST Composition Scheme Read More→ GST Payment & Refunds Staying tax compliant and updated with all the statutory changes imposed by the government is one of the topmost priorities of any business. However, in a rut of running a business in the smoothest way possible, often the GST return fi...
Composition Scheme Registration We also assist small businesses in obtaining GST Composition Scheme registration, allowing them to benefit from a lower tax rate and reduced compliance requirements. Casual Taxable Person Registration We also support businesses that occasionally supply goods or services in...