My turn over below 15 lakh I want to go composition site please tell in composition any loss?

I m small business man my turn over below 15 lakh I want to go composition site please tell in composition any loss

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There is no such loss in compositions scheme it is for ease of doing business small scale business should go for composition scheme. but once you opt for composition scheme you will not remain eligible for input tax credit.

Answered on July 5, 2017.
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Gen GST