I have a gold shop my turnover Apex 50lakhs what scheme is good for me?

I have a gold shop my turnover Apex 50lakhs but I purchased from out side my state but not out side sale then what scheme is good for me?

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2 Answer(s)

For what is good for you . You need to check for the type of business line u in if all around u are in composition or ur purchaser a end user or dealer. As far as scheme applicability is concern u can opt composition scheme.

Answered on July 9, 2017.
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This is upon your choice please see that types of compliances you Want dear under Composition Scheme of GST, a taxpayer will be required to file summarized returns on a quarterly basis, instead of three monthly returns (as applicable for normal businesses). but you will not be able to get benefit of ITC. so think before selecting ans option.

Answered on July 9, 2017.
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Your Answer

Gen GST