Dear sir,
Dealer registered as composition taxable person carrying trading activity and remitting 1% GST. Now he got a Civil contract from Local greater Hyderabad Municipal corporation at about Rs.50 lakhs can he pay 6% on these turnover. both clubbed turnover may not exceed Rs1-00 crore. Is there any restriction for doing service on the same composition. please clarify sir, thanks in advance.
Dealer Can't Opt for Multiple GST Composition Schemes Simultaneously Under Sections 10(1) and 10(2A) for Different Activities. A dealer registered as a composition taxable person, paying 1% GST for trading activities, inquired about applying a 6% GST rate for a civil contract worth Rs. 50 lakhs with the local municipal corporation. The discussion clarified that one cannot simultaneously opt for multiple composition schemes under sections 10 (1) and 10 (2A) of the GST Act. Even with separate registrations for different premises, the same PAN does not allow opting for both schemes. The responses emphasized that the views shared should not be taken as professional advice. (AI Summary)
Goods and Services Tax - GST
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