Composition scheme for service providers

[SANJAY JAIN]

What is the process for opting the composition scheme of 6% upto turnover of ₹ 50 lakhs for service providers, whether any form is available for the same on GST portal?

Thanks

Sanjay

AI Summary

Service Providers Can Opt for 6% GST Composition Scheme for Turnovers Up to 50 Lakhs Per Notification No. 2/2019-Central Tax. A query was raised regarding the process for service providers to opt for the 6% composition scheme under the Goods and Services Tax (GST) for turnovers up to 50 lakhs. The responses directed the inquirer to refer to Notification No. 2/2019-Central Tax (Rate) dated 07.03.2019, which outlines the conditions for eligibility to opt for this tax rate.