COMPOSITION DEALER UNDER GST ACT

[SURYAKANT MITHBAVKAR]

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

[Preeti Sharma]

Hello Mr. Suryakant,

Composition scheme under GST is available only for manufacturers, Traders & Food/Restaurant Services. It simply means any other person like a professional CANNOT opt for composition scheme.

Thank You

AI Summary

Composition scheme under GST excludes pure service providers, so professionals cannot opt for composition registration. Composition scheme under the GST Act is available to manufacturers, traders and food/restaurant service providers; pure service providers and professionals providing only services (such as professional fees) are not eligible to opt for composition registration and must follow regular GST registration and compliance.