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GST composition scheme :

Composition scheme is meant for small business house as provide relief to them & reduce unnecessary burden under GST laws. Composition scheme levy should be normally adopted by businesses those are supply of goods & services or both also.

Criteria for registering under Composition scheme:

  • The turn over the business should not exceed over Rs 1 crore, in case of NE states that it is Rs 75 lakhs.

  • Restaurant related services, manufacturer of pan masala / tobacco & e-commerce operator can not register under composition scheme.

  • Composition scheme provide limited tax liability, so these type of dealers can eligible.

Conditions for availing composition scheme: Below condition can be are attached in the composition scheme.

GST rate under composition scheme :

Type of Business CGST SGST
Manufacturer & trader(goods) 0.5% 0.5%
Restaurants 2.5% 2.5%

GST return under composition scheme : Business house should make return quarterly in GST-4 by 18th of the month after the end of the quarter. Here is also annual return of GSTR-9A should to be filed by 31st December of next financial year.

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Po: kalyana nagar, Dt: cuttack,Odisha.
+91- 9938012228
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