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We have company in Delhi which is registered unde…

We have company in Delhi which is registered under GST . Total turnover during previous year is of …

We have company in Delhi which is registered under GST . Total turnover during previous year is of 80 lacs. Can we pay tax under composition scheme for the FY 2017-18?

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Jeeba Jun. 19, 2018

Yes. As per the GST rule, Every company trading goods and having turnover less than 1 crore turnover in the previous year, can pay the gst under composition scheme for the current after fulfilling the certain conditions stated under gst.