COMPOSITION DEALER UNDER GST ACT

[SURYAKANT MITHBAVKAR]

If dealer is providing only service like professional fees can he apply for composition dealer registraion.

AI Summary

Service Providers Can't Opt for GST Composition Scheme; Limited to Manufacturers, Traders, and Restaurant Services Only. A query was raised regarding whether a dealer providing only services, such as professional fees, can apply for composition dealer registration under the Goods and Services Tax (GST) Act. The response clarified that the composition scheme is exclusively available for manufacturers, traders, and food/restaurant services. Therefore, professionals or service providers cannot opt for the composition scheme under GST.