Composition scheme

[RAI SINGH]

A person having shopand selling few products are nontaxable and some taxable. whether he can opt composition scheme.previous financial year Turnover is ₹ 35 Lakhs.

AI Summary

Eligibility for GST Composition Scheme: No Inter-State Supplies or E-Commerce Sales; Penalties for Non-Compliance Discussed. A forum participant inquired about eligibility for the GST composition scheme for a shop with a turnover of 35 lakhs, selling both taxable and non-taxable products. One response outlined that eligibility requires the person not to supply certain services or goods, make inter-State supplies, or sell through e-commerce operators collecting tax at source. Another response indicated that the person could opt for the scheme if no interstate stock is involved. The discussion included conditions under which the composition scheme is applicable and highlighted potential penalties for ineligibility.